Browsing: LIMRA

LIMRA reports fourth consecutive year of sales growth for workplace benefits, driven by life insurance, disability insurance, and supplemental health products

New annualized premiums in Canada’s life insurance market reached a record high in 2024, according to LIMRA’s recent retail life insurance sales survey. Whole life insurance led the surge.

New premiums in Canada’s life insurance market reached a record high last year, fueled primarily by strong sales of whole life policies, according to recent data.

LIMRA’s latest report reveals record-breaking life insurance sales in 2024, with significant growth in indexed universal life and variable universal life products.

LIMRA’s data reveals a thriving annuity market in 2024, driven by favorable economic conditions and increased investor awareness.

Despite a slight dip in the fourth quarter, annuity sales reached record heights in 2024, marking the third straight year of impressive growth.

A recent study by LIMRA and NAILBA highlights key priorities and investment strategies of insurance distribution intermediaries.