TIAA to stop selling life insurance by end of 2019
Move seen as bad news for RIAs, but company memo says the firm’s much bigger annuity business will be unaffected by the strategic decision.
Universal Life
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.
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.
Record IUL sales drive 1% overall growth in individual life new annualized premium for 2018
Indexed and variable universal life sales highlighted a year that saw modest life insurance sales growth as LIMRA, WINK release final 2018 figures.
Palmer begins term as NAILBA Chairman as association introduces 2019 leadership
New and continuing leadership for Board of Directors at association and its charitable foundation formally announced.
Group aims to educate consumers on living benefits in January
“Living Benefits Awareness Month” created by Alliance Group to educate consumers on the importance of owning living benefits life insurance and how it can protect them in the event of an illness.
Strong IUL sales behind modest individual life premium growth in 2Q, but total premiums flat through first half of 2018
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.
Individual life premiums fall 2% in 1Q 2018 thanks to poor fixed UL sales
This marks the third consecutive quarter of declines in new annualized life insurance premium as a 19% drop in fixed universal life sales during the first three months of this year drag down sales totals.
Indexed life sales up 6.1% in 2017
Strong fourth quarter bolsters increase according to latest Wink report; Pacific Life retains the top spot in indexed life sales, with an 18.5% market share.
12 tips for generational outreach – and a new tool to identify life insurance solutions by generation
AIG shares 12 tips to help financial professionals effectively reach out to prospective clients, and executive Kirsten Lees explains how the company created a new tool intended to quickly pinpoint life insurance solutions based on a few simple questions.
