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Cigna to Sell its Life, Accident and Supplemental Benefits Business in 7 Countries to Chubb for $5.75B

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,...

Life Insurance Sales Strong Across Product Lines In 2Q

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...

LIMRA: First Half of 2021 Had Highest U.S. Life Insurance Policy Sales Growth Since 1983

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....

LIMRA: First Quarter U.S. Life Insurance Policy Sales Highest Since 1983

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%...

MarketReach Agent Database: State and Carrier Appointments for Life & Health Agents

by Anna Patrick | Feb 7, 2020 | Flash Report, Insurance Industry, Life Insurance, Medicare

MarketReach Agent Database has been helping companies find and recruit new agents by the products they sell and the carriers they are appointed with. Below, see our breakdown of agent appointments by carrier and state licenses for Life and Health agents. Below is a...

Industry Updates: What We’re Reading

by Anna Patrick | Mar 29, 2019 | Life Insurance, Medicare Advantage, Medicare Supplement, news

This week we are reading about Centene’s $15B Wellcare deal, term life insurance market predictions, and CMS’s 2019 Exchange Open Enrollment Period Final Report. Centene’s $15B WellCare Deal Takes a Bigger Share of The Booming Medicare Business |...
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