Life Sales Ring $200 Billion Bell
May 10, 2022 by Steven A. Morelli
Mortality awareness apparently drove a banner year for life insurance in 2021 with the industry selling more than $200 billion in premium for the first time, according to S&P Global.
Life premiums popped by nearly 10% over the year, bringing sales to $204.7 billion, according to an S&P Global Market Intelligence analysis of company annual statements. The data combines group and individual life coverage.