Posted by (American Life Insurance Guide 03/24/2020 News)New crown virusAmong the various market news affected, the insurance market data analysis agency Wink®️ recently brought industry data: the sales of personal and family life insurance in the United States in 2019Q4 set a new market sales record.Pacific Life Insurance Company (Pacific Life)Continue to maintain the dominant position of the index insurance market share.
Index insurance market ranking Top5 / IUL
In the fourth quarter, California-based Pacific Life Insurance Company ( Pacific Life ) ToExclusive market share of 13.4%The share of the performance continues to be maintainedNo. 1 position in the index insurance market.Under the Pacific Life Insurance Company PDX IUL2 This index insurance product (Critics),Became the No.2 best-selling product in the U.S. market for the second consecutive quarter.
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2019Q4 Index Insurance Market Share Ranking / IUL Top5
1. Pacific Life (Company Reviews）
2. Lincoln National Life (Company Reviews）
3. National Life (Company Reviews）
4. John Hancock Life / John Hancock (Company Reviews）
5. Transamerica (Company Reviews）
Index Insurance 2019Q4 Market Briefing / IUL
Index insuranceIn the fourth quarter of 2019, it completed sales of 4 million U.S. dollars,The chain growth rate reached 30.8%, And the year-on-year growth reached 14.6%.According to statistics, the index policyThe average target premium is US$12,947, A decrease of 3.0% from the previous quarter.
2019 years,Index insuranceAnnual sales reached$ 23 billion.This is the best historical result since the emergence of index insurance products.
Savings Participating Insurance 2019Q4 Market Briefing / Whole Life
Savings and Dividend InsuranceIn 2019Q4Quarterly sales of $14 billionSet a record high, year-on-year sales increased by 18.5%, and month-on-month sales increased by 24%.According to statistics, the savings and dividend policyThe average premium is $3,580, An increase of more than 23.0% from the previous quarter.
In 2019, the annual sales of savings and dividend insurance reached 48One hundred million U.S. dollars.
Briefing Fact
- 73%的指数型保险销售由1099独立经纪人完成，13%的保单由W2雇员经纪人完成。注册投资顾问销售了0%的保单。
- Independent brokers sold 57% of universal insurance policies, and registered investment advisors sold 0% of insurance policies.
- Independent brokers sold 52% of savings and dividend insurance policies, while registered investment advisors sold 0%.
- In the index policy, selectStandard & Poor's 500 IndexStrategy / S & P 500 The proportion of insurance policies reached 75%. (over)(>>>Related reading: Data｜2021Q2 American Life Insurance Brand and Product Market Sales Ranking Top 5 ）
(>>>Related reading: Data｜2021Q1 American Life Insurance Brand and Product Market Sales Ranking Top 5 ）
(>>>Related reading: Data｜ 2019Q4 U.S. Life Insurance Market Ranking Top 5 and Insurance Data Report ）
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