Displaying 32 results
Insurance benefits seen as useful tool for attracting, retaining employees
Limra estimates 86 million employees could have access to new insurance benefits within 2 years.
Annuity sales smash records in final Q2 count: Limra
Total U.S. annuity sales rose 16% to $79.4 billion in the second quarter, nearly the exact opposite of the S&P 500's return.
Annuities flew off the shelves in second quarter, Limra says
Total U.S. annuity sales increased 22% to a record $77.5 billion during the quarter, and fixed-rate deferred annuity sales jumped 76% from the year-ago period.
‘Great Resignation,’ Covid-19 forcing employers to sweeten benefits
Nonmedical and nontraditional workplace benefits are expected to grow 20% by 2026 as a result of increased competition for workers and heightened employee expectations, according to a recent report from Limra and EY.
SECURE 2.0 occupies rare common ground, tees up progress
The House approved the retirement-industry boosting SECURE Act 2.0 in a landslide, setting the stage for a Senate vote in the back half of 2022.
Limra, Verisk team up to improve fraud detection and prevention
The effort is designed to address the growing prevalence of account takeover fraud.
Life insurance new premiums up 20% in 2021, setting record
For the year, policy sales were up 5%, which is the highest annual growth since 1983, according to Limra.
Life insurance sales jump 11% in first quarter
The quarterly sales growth was the highest since 1983, according to Limra.
Annuity sales down 24% in Q2
Nearly all types of annuities fell by double digits due to low interest rates and fallout from COVID-19
401(k) sales will continue to fall: Survey
Record keepers expect figures in the third quarter to be down 22% from a year earlier, according to a report from the Secure Retirement Institute
Demand for some annuities rising in COVID-19 market
The crisis is favoring sales of buffered annuities, according to Limra's Secure Retirement Institute
VA sales up, fixed annuities down: LIMRA report
Low interest rates drove investors away from some products, but that may change, according to the organization's Secure Retirement Institute