Tuesday, August 07, 2007

 

No Summer Dog Days Here

As the Street has trended positive in recent months, so, too, have the financial services and insurance sectors. And although it’s normal for the investment banks to swing up and down with the market, the insurance arena is actually gaining traction from baby boomers--who are expected to eventually take some bounce out of the current market.

As this aging demo­graphic begins its long trek toward retirement, life insurance is the watchword, analysts say. They believe that boomers will shift more and more pools of money from accumulation products and the market to offerings that are focused on longevity.

No Summer Dog Days Here
Source: On Wall Street

This page is powered by Blogger. Isn't yours?