The life insurance industry sells products that promise future financial security, whether for the policyholder or their beneficiaries. Also known as the life and health (L&H) industry, the primary ...
For the third consecutive year, total life insurance new annualized premium set a new sales record, rising 1% to $15.7 billion, according to LIMRA’s U.S. Life Insurance Sales Survey. Life insurers ...
Northwestern Mutual is the king of life insurance premium, according to the first sales rankings compiled by LIMRA. The mutual insurer recorded nearly $267 million in new annualized life premium ...
Nationally, the total amount of life insurance coverage has increased, but much of that coverage was locked in years ago" ...
A life insurance policy protects the people who financially depend on you. If you suffer an untimely death, your policy will pay your beneficiaries a death benefit. That mean your loved ones will ...
MINNEAPOLIS--(BUSINESS WIRE)--Total Expert, the CRM and customer engagement platform purpose-built for modern financial institutions, is helping insurance agencies and brokerages modernize their ...
The regulator noted that mis-selling frequently leads to higher premiums, dissatisfaction and ultimately non-renewal of ...
India’s life insurance penetration fell to 2.7% of GDP in FY25, marking its third consecutive year of decline despite a 6.7% ...
Life insurance new annualized premiums soared 20% in 2021 Liz Festa is a long-time reporter covering the U.S. insurance market and its regulation and its impact on consumers, business and the economy.
Among various segments under the non-life insurance business, health insurance remained the largest contributor with a share ...
According to the IRDAI 2024–25 Annual Report, India's non-life insurance industry reached a milestone of Rs 3.07 lakh crore ...