by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Life Insurance, Medicare
SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the second quarter of fiscal year 2022 of $195.0 million compared to consolidated revenue for the second quarter of fiscal year 2021 of $357.6 million. Consolidated net loss for the second quarter of...
by Carrie Haubensak | Jan 27, 2022 | Insurance Industry, Life Insurance, news, Uncategorized
UnitedHealth Group on Wednesday started the life, health and annuity issuer earnings release season for the fourth quarter of 2021 — and its experience showed that the COVID-19 pandemic is still shaping how Wall Street sees the life and health world, almost two years...
by Carrie Haubensak | Oct 14, 2021 | Accident, Life Insurance, news
Cigna will divest its life, accident and supplemental benefits business in seven countries to insurance company Chubb in a deal valued at $5.75 billion, the insurer announced late Thursday. Those business lines operate in Hong Kong, Indonesia, Korea, New Zealand,...
by Carrie Haubensak | Oct 8, 2021 | Life Insurance, news
Non-variable universal life sales for the second quarter were $779.2 million, up 19.9% when compared to the previous quarter and up 18.1% as compared to the same period last year, according to Wink’s Sales & Market Report. Non-variable universal life sales include...
by Carrie Haubensak | Sep 29, 2021 | Life Insurance, news
In the first six months of 2021, the total number of policies sold increased 8%, compared with prior year results. This is the highest policy sales growth recorded since 1983, according to LIMRA’s Second Quarter U.S. Individual Life Insurance Sales Survey. Total U.S....
by Jason Yoo | Jul 6, 2021 | Life Insurance, news
Total individual life insurance policy sales increased 11% in the first quarter, compared with first quarter 2020. This is the highest growth in the number of policies sold in a quarter since 1983. New annualized premium also experienced significant growth, up 15%...