‘Robust’ Life Insurance Industry Despite COVID, AM Best Reports
March 15, 2022 by Steven A. Morelli
But fixed products had a good year with a boffo fourth quarter, according to Wink’s Sales & Market Report. Universal life sales were $861.5 million, up 20% compared to the third quarter and 16.25% over 4Q 2021.
Indexed universal and whole life sales led the way in the Wink report with their highest-ever quarter with $718 million, up more than 19.1% when compared with the previous quarter, and up more than 15.5% as compared to the year-ago quarter. The segment had its best year with $2.4 billion in sales.
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Originally Posted at InsuranceNewsNet on March 11, 2022 by Steven A. Morelli.
Categories: Wink's Articles