This report compiled by InsuranceNewsNet staff.
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey.
Life insurance sales closed 2023 with a very strong fourth quarter, according to Wink’s Sales & Market Report.
Life insurance new premium rose to even higher in 2023, LIMRA reported today, setting a record for the third straight year.
Life insurance sales were down across major product categories in the third quarter, Wink, Inc. reported in its quarterly Sales and Market Report.
For the second consecutive quarter, registered indexed-linked annuity products set a new record with $12.6 billion in sales.
Total third quarter sales for all deferred annuities were $78.6. billion, Wink, Inc. reported, up 8.5% when compared to the same period last year.
ProPublica investigates the difficulties in appealing insurance claims, which have produced a difficult process.
Second-quarter indexed life sales hit $812.6 million, up 27.8% from Q1 and up 18.5% compared to the same period last year.
Strong sales of fixed-indexed and income annuities helped overall annuity sales hit $181.1 billion in the first half of 2023, far surpassing the old record.
The Securities and Exchange Commission last week fined Titan Global Capital Management, a New York-based fintech advisor, for misleading marketing under a newly amended rule.
Indexed annuity sales soared during the second quarter, according to the Wink Sales & Market Report, setting an all-time quarterly record.
Preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and estimates show increases in premium and policies sold in Q2.
In the first half of 2023, total annuity sales jumped 28% to $182.7 billion. This marks the highest sales ever recorded in the first six months of a year.
Following record-high sales in 2022, total first quarter annuity sales were $92.9 billion, a 47% increase from the prior year.
Consumers love indexed universal life, a love affair that remained strong in the fourth quarter 2022, according to Wink’s Sales & Market Report.
Total U.S. single premium buy-out sales were $48.3 billion in 2022, up 42% from 2021 results, according to LIMRA’s U.S….
American International Group today announced that it terminated Mark Lyons from his position as AIG’s interim chief financial officer and…
Annuity sales set a quarterly record for the third consecutive quarter, LIMRA reported today. Investors are flocking to the safety promised by fixed annuities.
Total U.S. individual life insurance new annualized premium fell 5% in the third quarter compared with prior year results, LIMRA found.
Indexed life insurance continues to drive growth, despite regulation pressures and other disruptions, according to the latest Wink’s Sales & Market Report.
