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WINDSOR, Conn., May 22, 2013 — Total annuity sales fell six percent in the first quarter of 2013, totaling $51.7 billion, according to LIMRA’s first quarter 2013 U.S. Individual Annuities Sales survey, which represents data from 94 percent of the market.
LIMRA Survey: More than Half of Financial Executives Surveyed Predict Outside Disruption in Life Insurance Market
Fifty seven percent of financial executives believe an outside source (Google, Amazon, etc.) will be a disruptive force in the life insurance market within the next 5 years according to a new LIMRA report.
Half of life insurers have some type of automated underwriting solution in place and 41 percent of companies are in the planning process, according to LIMRA research.
Benchmark companies’ performance standards for term life, disability, and accidental death and dismemberment products.
LIMRA Shares Research Findings in Its Response to Joint Government Request For Information On Lifetime Income Options
WINDSOR, Conn., May 6, 2010— To assist the federal government as it examines the role that guaranteed lifetime income options can play in workplace retirement plans, LIMRA provided relevant information and industry data as part of its response to the request for information (RFI) issued by the departments of Treasury and Labor.
WINDSOR, Conn., Dec. 1, 2010 — The election rate of variable annuities (VA) guaranteed living benefit (GLB) riders rose to 89 percent in the third quarter, according to LIMRA’s study, which represents 94 percent of the variable annuity GLB industry.
WINDSOR, Conn., June 1, 2010—Overall, guaranteed living benefits (GLB) were elected 87 percent of the time (when offered) in the first quarter of 2010, which is slightly down from the annual election rate in 2009 of 89 percent, according to LIMRA’s most recent annuity study.