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LIMRA: 2023 Marks Third Consecutive Year of Record Sales for U.S. Individual Life Insurance
February 22, 2024
WINDSOR, Connecticut, Feb. 22 (TNSres) -- LIMRA issued the following news release:

Total U.S. life insurance new annualized premium increased 1% year over year to $15.6 billion in 2023, according to LIMRA's preliminary U.S. Life Insurance Sales Survey. New annualized premium has set a record for each of the past three years.

"Driven by strong growth in the second half of the year, annual life insurance premium continues to expand post-pandemic. The gains were wides . . .

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