by Carrie Haubensak | Sep 16, 2022 | Life Insurance, news
Total U.S. life insurance new annualized premium increased 6% in the second quarter 2022, the sixth consecutive quarter of premium growth, according to LIMRA’s Second Quarter 2022 U.S. Retail Life Insurance Sales Survey. In the first six months of 2022, new premium...
by Carrie Haubensak | Aug 18, 2022 | Life Insurance
Total new premium for individual life combination products increased 22% to $4.3 billion, compared with prior year results, and down slightly from the $4.8 billion in premium generated in 2019, according to LIMRA’s 2021 U.S. Individual Life Combination Products Annual...
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...