Happy Wednesday! In this week's Big I Buzz, a look at a recent study on middle-income Americans & life insurance. Plus, growing concerns over investors’ high profits from catastrophe bonds

Achieving Life Insurance Success with Middle-Income Americans

A recent 2024 Insurance Barometer Study by LIMRA and Life Happens found that middle-income Americans, with household incomes between $50,000 and $149,999, present the biggest market potential for the financial services industry. Two financial experts recently discussed their strategies for successfully selling life insurance to this crucial segment of the U.S. population. Read more here.

The Huge Profits Investors Have Made on Catastrophe Bonds Are Raising Eyebrows

Concerns are growing over high profits investors are making from catastrophe bonds, which have been handing double-digit returns. These bonds, issued by insurers, reinsurers, and governments, provide disaster coverage but are under scrutiny due to the high costs for issuers and the narrowly defined conditions for triggering payouts. The popularity of cat bonds has surged recently, driven by factors like climate change, increased population density, and inflation. Read more here.

For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.