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    • Annuities Soar as Source of Life Insurer Revenue

    April 16, 2024 by Allison Bell

    U.S. life insurers are getting a lot more of their retail product premium revenue from annuities than from life insurance these days.

    Individual annuities accounted for $344 billion of life insurers’ $1.5 trillion in direct written premiums in 2023, or about 24% of the total, according to new industrywide totals from A.M. Best.

    Click HERE to read the full story via Think Advisor

    Originally Posted at Think Advisor on April 11, 2024 by Allison Bell.

    Categories: Industry Articles
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