Celent Insurance Webinar: Strategies and Options for Managing Closed Blocks: Life, Pension and Annuity Edition

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5 September 2012
Virtual Event, Virtual Event

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Today's life, annuity and pension firms are struggling with the continuation of a global economic downturn, where competition for business is fierce, investment returns are low, and the need for generating an operating profit to shareholders, members and policyholders is still high. The impact of the financial crisis, increased regulation and the reality that many older products are running on legacy technology has impacted insurers’ financial performance and agility across mature developed markets in similar ways. These factors are leading insurers to ask what they should do about the management of products that they no longer consider strategic.

Join Celent analysts Jamie Macgregor and Karen Monks as they examine the reasons why insurers opt to close books and what challenges they face in doing so. This webinar will discuss the exit strategies insurers may take with regard to the administration of closed books of business as they turn into 'run-off' businesses. It will also analyze the differences between and the options open to insurers in the North American and UK markets. The webinar will conclude with an interactive Q&A session.

This presentation draws on findings from the upcoming report “Strategies and Options for Managing Closed Blocks: Life, Pension and Annuity Edition.”

This event is free to attend for Celent clients, flex-plan clients, and the media. Non-clients can attend for a fee of US$195. If you are unsure of your client status, please contact Chuck Smith at 617.262.3125 or