by Carrie Haubensak | Jun 16, 2022 | Life Insurance, news
Total U.S. life insurance new annualized premium increased 17% in the first quarter 2022, representing the fifth consecutive quarter of double-digit premium growth, according to LIMRA’s First Quarter 2022 U.S. Retail Life Insurance Sales Survey. “Nearly half of life...
by Carrie Haubensak | May 20, 2022 | Life Insurance, news
U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However, this YOY comparison was impacted, in part, by record-breaking growth seen in April of 2021. When taking a longer-term...
by Carrie Haubensak | May 5, 2022 | Life Insurance, news
U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity in March of 2021, and finishing Q1 2022 at -5.6% year to date, according to the MIB Life Index. However, when taking a...
by Carrie Haubensak | Mar 9, 2022 | Life Insurance, news
Fitch Ratings-Chicago/New York-25 February 2022: U.S. life insurers saw their highest single period of growth over the past five years in 2021, according to Fitch Ratings’ new GAAP Results dashboard. Pre-tax operating income rose approximately 45% on an aggregate...
by Carrie Haubensak | Feb 24, 2022 | Life Insurance
U.S. life insurance application activity declined in January 2022 compared to January 2021, according to MIB Life Index, with year-over-year activity down -4.8% and representing the second consecutive month with YOY declines. When taking a historical lookback,...
by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Life Insurance, Medicare
SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the second quarter of fiscal year 2022 of $195.0 million compared to consolidated revenue for the second quarter of fiscal year 2021 of $357.6 million. Consolidated net loss for the second quarter of...