IDEAS home Printed from https://ideas.repec.org/a/pal/gpprii/v32y2007i1p58-61.html
   My bibliography  Save this article

Emerging from a Turbulent Marketplace

Author

Listed:
  • Arthur F Ryan

    (Prudential Financial, Inc., 751 Broad Street, 16th Floor, Newark, NJ 07102, U.S.A.)

Abstract

Coming out of the perfect storm of a bear market in equities, poor credit markets, and low interest rates, the U.S. insurance industry faced a number of new realities based on changing consumer demand and expectations. Consumers wanted new guarantees in their investments, choice and flexibility in distribution, and simplicity in their financial products. The baby boomers echo this new consumer demand through their desire for retirement security. The life insurance industry is well positioned to deliver to this population. No other financial services industry can help individuals accumulate wealth, protect its value, convert the wealth into lifetime income, and transfer it to future generations like the life insurance industry can. There are risks ahead for the U.S. life industry; however, it can take advantage of opportunities in the future if it can continue to put consumer needs first. The Geneva Papers (2007) 32, 58–61. doi:10.1057/palgrave.gpp.2510113

Suggested Citation

  • Arthur F Ryan, 2007. "Emerging from a Turbulent Marketplace," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 32(1), pages 58-61, January.
    • Handle: RePEc:pal:gpprii:v:32:y:2007:i:1:p:58-61
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/gpp/journal/v32/n1/pdf/2510113a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/gpp/journal/v32/n1/full/2510113a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:32:y:2007:i:1:p:58-61. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.