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Life/Annuity insurers well-positioned for 2023: AM Best

March 21, 2023

Analysts at AM Best have reported that the US Life/Annuity (L/A) insurance segment remains well-positioned to meet challenges in 2023, supported by high levels of risk-based capitalization, strong liquidity profiles, and robust sales in annuity products.

Despite this strong position, the rating agency AM Best acknowledged that there was some volatility for the L/A space in 2022 due to inflation and interest rate movements.

But moving further into 2023, it expects segment challenges to be manageable given insurers’ prudent capital and liquidity management, and ERM practices.

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