February Annuity Index Report
Below is the February edition of the Salt Financial Annuity Index Report available for download: Salt Financial – Annuity Index…
This report compiled by InsuranceNewsNet staff.
Staff Reports
Wink reports a 4Q dip in annuity sales to close a record-breaking 2024
Total 2024 annuity sales raced to another record, according to Wink’s Sales & Market Report, even if the industry did close the year on a down note.
Q&A: 2024 year-end fixed index annuity performance review
Salt Financial looks back on 2024 at the performance metrics on indices linked to FIAs, RILAs, and other annuity products.
LIMRA: 2024 retail annuity sales set $432B record, but how does 2025 look?
Total 2024 annuity sales were up 12% over 2023 and nearly 40% over 2022, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey.
Texas AG Ken Paxton sues Allstate over collection of driver data
Texas Attorney General Ken Paxton claims that Allstate is unlawfully collecting, using and selling data from consumers.
Salt Financial Annuity Index analytics report for 2024
Salt Financial Annuity Index Report for Dec., which also serves as the full-year report for 2024.
Gary Brecka, Cardones file dueling lawsuits in battle of social media stars
A bitter fight between social media personalities in a fractured business partnership resulted in dueling holiday lawsuits between Gary Brecka and Grant Cardone.
MGAs embrace technology to lead insurance industry innovation
Managing General Agents (MGAs) are increasingly turning to technology to stay competitive and drive innovation in the insurance industry.
UnitedHealthcare CEO Brian Thompson shot dead in NYC attack
UnitedHealthcare CEO Brian Thompson was shot and killed in midtown Manhattan on Wednesday morning, according to media reports.
Indexed products lead Q3 life, annuity sales boom, Wink reports
Despite negative publicity, indexed life and annuity sales are doing quite well with consumers.
Home insurance market may be stabilizing, study finds
While premiums remain high, home insurance industry trends suggest a possible slowdown in growth, though challenges persist.
Apollo CEO Marc Rowan reportedly a contender for Trump treasury secretary
Marc Rowan, billionaire co-founder and CEO of Apollo Global Management, Inc., has reportedly emerged as a key candidate for treasury secretary.
Life insurance new premium surges 8% in third quarter, LIMRA finds
Total new annualized premium jumped 8% to $3.9 billion in the third quarter 2024, according to preliminary results from LIMRA’s retail individual life insurance sales survey.
Insurance agency M&A activity down 10% through Q3, Optis reports
There were 535 announced insurance agency mergers and acquisitions through three quarters of 2024, down 10% from 594 in the same period in 2023.
Massachusetts Mutual Life Insurance Co. will deliver a 2025 dividend of more than $2.5 billion, the largest in company history.
Economic conditions, income needs drive big annuity sales, LIMRA says
Strong economic conditions and a growing awareness of the power of guaranteed income continued to drive record-setting annuity sales through the third quarter, LIMRA reported.
September yields life application gains in younger age groups, MIB says
Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.
Insurance CEOs leaning into AI, M&As, survey finds
Insurance carrier CEOs are more energized about AI and M&As than their counterparts in other industries, a recent KPMG survey finds.
Term life growth a bright spot in sluggish overall life insurance sales
Term life insurance recorded its sixth consecutive quarter of growth during Q2 in both premium and policy sales, according to LIMRA’s U.S. Life Insurance Sales Survey.
Life insurance sales deliver strong rebound in second quarter, Wink finds
Second-quarter universal life sales increased by double digits compared to the previous quarter, Wink, Inc. reported.
