NAIC Posts 2019 Life and Annuity Market Share Data

March 4, 2020 by Allison Bell

The 900-pound gorillas of the U.S. life and annuity markets may have increased their share of the market slightly in 2019, according to a new preliminary figures from the National Association of Insurance Commissioners (NAIC).

Life insurance writers generated about $174 billion life premiums in 2019, up 4.5% from the 2018 total.

Annuity writers produced about $301 billion in annuity considerations, up 9.1%.

The 25 biggest issuers in each category increased revenue somewhat more than the smaller issuers.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on March 3, 2020 by Allison Bell.