Standard Insurance exits new individual annuity sales to focus on workplace benefits

The Standard will transfer its individual annuities unit but keep in‑force contracts, in a move that concentrates annuity growth in Hawaii’s largest life insurer

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.