LIMRA: Third Quarter Individual Life Insurance Premium Tops $3.7 Billion in the Third Quarter, Up 5%
November 03, 2023
November 03, 2023
WINDSOR, Connecticut, Nov. 3 -- LIMRA issued the following news release:
With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year-over-year, according to the preliminary results from LIMRA's U.S. Retail Individual Life Insurance Sales surveys and estimates. Similarly, 6 in 10 carriers experienced policy sales growth, driving number of policies sold to increase 4% in the third q . . .
With a majority of carriers reporting higher results in the third quarter, total individual life insurance new annualized premium increased 5% to $3.7 billion year-over-year, according to the preliminary results from LIMRA's U.S. Retail Individual Life Insurance Sales surveys and estimates. Similarly, 6 in 10 carriers experienced policy sales growth, driving number of policies sold to increase 4% in the third q . . .