LIMRA: U.S. Life Insurance Premium Sets New Record in 2023
March 15, 2024
March 15, 2024
WINDSOR, Connecticut, March 15 (TNSres) -- LIMRA issued the following news release:
For the third consecutive year, total U.S. life insurance new annualized premium set a new sales record. In 2023, new annualized premium increased 1% to $15.7 billion, according to LIMRA's U.S. Life Insurance Sales Survey, which represents 85% of the market.
Life-4Q-sidebar.png"The pandemic spurred carriers to accelerate their digitization efforts, transforming the process of buying . . .
For the third consecutive year, total U.S. life insurance new annualized premium set a new sales record. In 2023, new annualized premium increased 1% to $15.7 billion, according to LIMRA's U.S. Life Insurance Sales Survey, which represents 85% of the market.
Life-4Q-sidebar.png"The pandemic spurred carriers to accelerate their digitization efforts, transforming the process of buying . . .