LIMRA: Powered by Whole Life Sales, Canadian Life Insurance New Annualized Premium Increased 2% in First Quarter 2024
May 24, 2024
May 24, 2024
WINDSOR, Connecticut, May 24 (TNSres) -- LIMRA issued the following news release:
Canadian life insurance new annualized premium increased 2% year-over-year to $445 million in the first quarter 2024, according to LIMRA's Canadian Individual Life Insurance Sales Survey. The number of policies sold was level with results in the first quarter 2023.
"Whole life and term product sales -- which typically serve middle-income and younger consumers respectively -- recorded . . .
Canadian life insurance new annualized premium increased 2% year-over-year to $445 million in the first quarter 2024, according to LIMRA's Canadian Individual Life Insurance Sales Survey. The number of policies sold was level with results in the first quarter 2023.
"Whole life and term product sales -- which typically serve middle-income and younger consumers respectively -- recorded . . .