The latest US indexed universal life (IUL) sales are out; we also showcase several product launches by Sammons, Nassau and Revol One.
Total US individual life insurance new annualised premium was US$3.97 billion in the second quarter, level with prior year results, according to Limra’s preliminary U.S. Life Insurance Sales Survey. Policy count was flat for the quarter. Year to date (YTD), new premium totaled US$7.7 billion, down 1%, and the total number of policies sold was level with the prior year’s results. Whole life sales, which represent the largest proportion of the U.S. life insurance market, have struggl
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