LIMRA: Life Insurance Sales Dip Slightly in First Quarter 2024
May 15, 2024
May 15, 2024
WINDSOR, Connecticut, May 15 (TNSres) -- LIMRA issued the following news release on May 14, 2024:
Total U.S. individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA's preliminary U.S. Life Insurance Sales Survey.
T1q-life-sales-sidebar.pnghe total number of policies sold also dropped 1% in the first quarter.
"Overall, a large proportion of carriers reported gains in both premi . . .
Total U.S. individual life insurance new annualized premium slipped 1% year over year to $3.76 billion in the first quarter, according to LIMRA's preliminary U.S. Life Insurance Sales Survey.
T1q-life-sales-sidebar.pnghe total number of policies sold also dropped 1% in the first quarter.
"Overall, a large proportion of carriers reported gains in both premi . . .