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NAIFA Supports Life Insurance Awareness Month

1 min read

LIMRA Finds Employers Look to Modify Employee Benefits Offerings

By NAIFA on 7/14/22 8:54 AM

A new survey by NAIFA’s industry partner LIMRA and EY found that about 75% of employers believe they will need to modify their employee benefits packages within the next five years to attract and retain top talent. Among the top benefits employers believe workers will be most interested in are: life insurance, paid family and medical leave, short-term disability, long-term disability, and physical wellness programs. The survey also found that a significant portion of workers place a greater value on workplace insurance benefits – particularly health insurance, life insurance, and disability insurance – than they did prior to the COVID-19 pandemic.

Topics: Employee Benefits LIMRA Limited & Extended Care Planning Center
2 min read

Fifth Consecutive Quarter of Double-Digit Growth for U.S. Life Insurance Premium

By LIMRA on 6/30/22 10:00 AM

Total U.S. life insurance new annualized premium increased 17% in the first quarter of 2022, representing the fifth consecutive quarter of double-digit premium growth, according to LIMRA’s First Quarter 2022 U.S. Retail Life Insurance Sales Survey.

“Nearly half of life insurers reported premium gains in the first quarter but the majority of the growth came from the top 10 carriers. Nine of the top 10 reported double-digit growth. Combined, their sales increased 32% from last year,” said John Carroll, senior vice president, head of insurance and annuities, LIMRA and LOMA. “While the overall number of policies sold was lower than the record sales set in first quarter 2021, policy sales matched pre-pandemic levels.”

Topics: Life Insurance Research Research/Trends LIMRA insurance
1 min read

Individual Life Premium Improves Four Percent in Third Quarter 2014

By NAIFA on 12/9/14 10:28 AM

Total individual life insurance new annualized premium improved four percent in the third quarter of 2014, according to LIMRA’s Retail Individual Life Insurance Survey.

Topics: Grow Your Business industry news LIMRA
2 min read

Winning the Hearts and Minds of Today’s Consumers

By NAIFA on 11/18/14 10:26 AM

How do we win the hearts and minds of today’s consumers?

Topics: Grow Your Business consumers LIMRA
1 min read

Knowledge of Annuities Boosts Ownership

By NAIFA on 11/4/14 1:58 PM

A new LIMRA Secure Retirement Institute study found that the more knowledge someone has about annuities, the more likely he or she is to have a positive attitude about them and eventually own one.

Topics: Annuities Grow Your Business consumers LIMRA
2 min read

LIMRA CEO: Consumers Are Changing--We Must As Well

By NAIFA on 10/28/14 4:30 PM

At the 98th LIMRA Annual Conference in New York, Robert A. Kerzner, CLU, ChFC, president and CEO of LIMRA, LOMA and LL Global, examined the changes in consumers’ demographics and expectations and explored the impact of their changes on the financial-services industry.

Topics: Grow Your Business consumers LIMRA
2 min read

Employers Interested in Offering Voluntary Benefits

By NAIFA on 10/21/14 9:51 AM

A new LIMRA study finds that 7 in 10 employers offer voluntary benefits to improve the morale of their existing employees and attract and retain new talent.

Topics: Grow Your Business industry news LIMRA
2 min read

Total Annuity Sales Improve in Second Quarter 2014

By NAIFA on 9/23/14 11:30 AM

Total U.S. annuity sales reached $61.4 billion in the second quarter of this year, improving eight percent from prior year, according to LIMRA Secure Retirement Institute. In the first six months of 2014, total U.S. annuity sales increased 10 percent, compared with sales in 2013.

Topics: Annuities Grow Your Business industry news LIMRA
1 min read

Women More Concerned about Money in Retirement Than Men

By NAIFA on 9/16/14 1:51 PM

A LIMRA Secure Retirement Institute survey reveals that among consumers aged 50 -75 with $100,000 or more in household income, women are more likely than men to be concerned about running out of money in retirement (46 percent vs. 35 percent).

Topics: Retirement Grow Your Business consumers LIMRA
1 min read

Insurers’ Use of Social Media Jumps

By NAIFA on 8/14/14 10:41 AM

A new LIMRA survey finds that 93 percent of life insurance companies had social media programs in place in 2013, up 55 percent from 2010 (when only 60 percent of companies used social media).

Topics: Grow Your Business LIMRA social media

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