2024 life insurance new premium tops $16B, sets new record, LIMRA says
February 4, 2025 by John Hilton
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports.
Total new annualized premium increased 4% in 2024 to $16.2 billion, according to LIMRA’s preliminary life insurance sales survey results. In 2023, total new premium hit a then-record $15.7 billion.
Originally Posted at InsuranceNewsNet on January 30, 2025 by John Hilton.
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