Posted by (American Life InsuranceGuide editor report) fromAmerican Life Insurance Marketing Research Association LIMRAAccording to the sales survey of 2018, the new premiums in the U.S. individual life insurance market for the whole year increased by 2017% year-on-year.this meansAmerican Life Insurance MarketThis record of continuous growth in annual premiums has entered its fifth year.
Research shows that in the fourth quarter of 2018, the premiums were consistent year-on-year and did not increase.The number of policy issuances also remained flat in 4 and the fourth quarter of 2017.The number of policies issued remained consistent year-on-year and did not increase. It has continued for the third quarter, and this situation has continued to enter the second year.
OnAmerican Life Insurance GuidePreviously posted2018 Q3 Sales Industry Report中,VUL Investment universal insuranceIts overall market share is 6%. After a quarter of growth, it currently occupies 1% of the personal life market, which has slightly increased compared to 7.
Whole life savings insurance 2018 annual sales summary
Whole life .Savings and Dividend InsuranceThe new premiums of the products were flat in the fourth quarter of 2018 (WL). whole life The sales of insurance products were the same as in 2017, which is the second year that there has been no growth since 2006.
half of whole life Underwriting companies, including four top insurance companies, reported a decline in sales in 4.In 2018, whole life Insurance types accounted for 35% of the US personal life insurance market share.
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Index Insurance IUL 2018 Annual Sales Summary
Index Universal Insurance (IUL) In 2018 Q4, the new premiums increased by 4%, and the year-on-year increase was 9%.IUL InsuranceProducts became the largest market driving force throughout the year.
In 2018,IULInsurance The product occupies 24% of the US personal life insurance market share, and in all UL product markets, it contributes 66% of the premium share.According to LIMRA statistics since 2006,IUL The market performance surpassed the historical performance.
Guaranteed insurance GUL/LTG 2018 annual sales summary
Lifetime Guaranteed Universal Insuranceproduct( GUL/LTG ) 的新增保費在2018Q4下跌了20%，下跌趨勢持續了7個季度。“加息”是讓這類產品銷售受阻的重要原因。 與2017年相比，GUL/LTG UL In 2018, the full-year performance dropped by 17%.In 2018,GUL/LTG UL On UL Its market share is 16%, and its share of the US personal life insurance market is 6%.
overall ULInsuranceTypes of insurance (including but not limited to IUL.VUL.GUL/LTGEtc.) premiums accounted for 2017% of the overall U.S. personal life insurance market share in 37.In Q2018 4, the overall UL InsuranceThe insurance premiums of the company fell by 3% year-on-year, and compared with the sales data for the whole year of 2017, the overall decline in 2018 was 1%.
Term Life Insurance Term 2018 Annual Sales Summary Report
Term life insurance Term，在2018Q4的新增保費上漲了2%。2018年全年度比2017年同比增長了1%。Term life insurance Term In 2018, the entire personal life insurance market accounted for 21% of the market share.Since 2011,Term life insurance Term Market share has been hovering between 21% – 22%.
LIMRA
LIMRA, a worldwide research, learning and development organization, is the trusted source of industry knowledge for over 850 financial services firms. LIMRA provides its members with the latest insight and analysis on retirement, insurance and distribution, helping them develop effectively business strategies that impact the bottom line.
LIMRA's Fourth Quarter 2018 US Individual Life Insurance Sales Survey represents approximately 80 percent of the US individual life insurance annualized premium market.
(End of full text American Life Insurance GuideNet editor report)
