The LTCi industry has changed drastically the past few years. Carriers have continued to launch new product, but now based off more conservative pricing models that account for lower interest rates, higher claims, and close to a zero lapse rate. Many may view the recent volatility within the traditional LTC market as a cause for concern. Lifecare Assurance Co.’s Vice President of Investments and Business Developments, Marc Glickman’s article, Standalone Long-Term Care: Is Now The Time For Reinsurers To Enter, addresses the question, ‘Can we quantify the safety of LTCi new business sold today?’
Read the full article from Reinsurance News here: Standalone Long-Term Care: Is Now The Time For Reinsurers To Enter?