LIMRA: Canadian Life Insurance New Premium Rises 4% in Third Quarter 2024
November 20, 2024
November 20, 2024
WINDSOR, Connecticut, Nov. 20 (TNSres) -- LIMRA issued the following news release:
Total Canadian life insurance new annualized premium was $478 million (CAD) in the third quarter 2024, 4% higher than the prior year's results, according to LIMRA's Retail Canadian Life Insurance Sales Survey. In the third quarter, policy count fell 17%, largely due to term life sales declines.
"Strong economic conditions have propelled permanent life insurance sales in the third qua . . .
Total Canadian life insurance new annualized premium was $478 million (CAD) in the third quarter 2024, 4% higher than the prior year's results, according to LIMRA's Retail Canadian Life Insurance Sales Survey. In the third quarter, policy count fell 17%, largely due to term life sales declines.
"Strong economic conditions have propelled permanent life insurance sales in the third qua . . .