LIMRA: U.S. Life Insurance Premium Rebounds in the Second Quarter 2023
August 02, 2023
August 02, 2023
WINDSOR, Connecticut, Aug. 2 (TNSres) -- LIMRA issued the following news release on Aug. 1, 2023:
After three consecutive quarters of declining premium growth, total U.S. life insurance new annualized premium was $4.04 billion in the second quarter, a 2% increase, according to the preliminary results from LIMRA's U.S. Retail Individual Life Insurance Sales surveys and estimates.
"Overall, whole life and term products recorded the highest premium growth, propelling . . .
After three consecutive quarters of declining premium growth, total U.S. life insurance new annualized premium was $4.04 billion in the second quarter, a 2% increase, according to the preliminary results from LIMRA's U.S. Retail Individual Life Insurance Sales surveys and estimates.
"Overall, whole life and term products recorded the highest premium growth, propelling . . .