Big shift from universal life to IUL underway, Milliman finds
Total individual universal life insurance sales decreased 31% between 2017 and late 2019 , while indexed universal life (IUL) sales increased 16% during the same time period, according to a new study by Milliman.
Strong IUL sales behind modest individual life premium growth in 2Q, but total premiums...
While total life insurance new annualized premium was flat in the first half of the year, indexed universal life propelled U.S. individual life insurance new premium to grow 2% in 2Q, according to the latest LIMRA data.
Strong IUL sales lead to 3% life insurance annualized premium growth in 3Q
U.S. life insurance new annualized premium increased 3% in the third quarter 2018, according to the latest LIMRA U.S. Retail Individual Life Insurance Sales Survey, released Nov. 29. Driven by strong indexed universal life (IUL) sales, this is the second consecutive quarter of positive growth.
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IUL: So zero’s your hero?
It may not be what you say that gets you in trouble; it’s what you leave out that may land you in litigation.
Over the...
Updated Indexed UL illustration guidelines to take effect Sept. 1
The National Association of Insurance Commissioners (NAIC) on June 18 approved updated, more reasonable guidelines for the illustrations that insurers, agents and brokers can...
Life sales off to slow start in 2019
Wink’s Sales & Market Report says 2017 CSO requirements are hitting the industry hard, with UL and indexed life sales dropping more than 20% from the previous quarter.
Individual life premium improves 4% in 3Q while IUL up 18% YTD; more LIMRA...
Total individual life insurance new annualized premium improved 4% in the third quarter, according to LIMRA’s Retail Individual Life Insurance Survey.
In the first nine...
LIMRA forecasts positive growth in U.S. individual life market for the next four years
LIMRA forecasts U.S. individual life insurance sales to grow slowly but relatively steady over the next several years, with overall new annualized premium predicted to grow 2% in both 2018 and 2019.
Individual life sales rise slightly in Q1 despite fewer policies sold
Latest LIMRA data finds fixed UL sales dropped 15%; indexed UL new annualized premium grew 9% in the first quarter.