Q4 Life Sales Were Strong: Wink
March 25, 2020 by Allison Bell
Wink Inc. has interrupted the flood of bad news about COVID-19 and stock prices with some good news: Sales of non-variable U.S. individual life products looked great in the fourth quarter of 2019.
Total sales of fixed universal life insurance and whole life insurance increased 14% between the fourth quarter of 2018 and the latest quarter, to $1.8 billion.
Sales of indexed life products — which include both indexed whole life products and indexed universal life products — rose a little faster.
Analysts at Wink Inc. have published data on individual life market performance in a summary of results from the company’s latest U.S. individual life market issuer survey.