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Non-Variable UL Sales for the second quarter of 2023 were $914 million, compared with sales of $790 million for the second quarter of 2022. Second quarter non-variable life sales were up more than 25% when compared to the previous quarter and up nearly 16% as compared to the same period last year. Total 2Q2023 non-variable universal life sales were $914,301,436.
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Developers are hired for their coding skills, but often spend too much time on information-finding, setup tasks, and manual processes. To combat wasted time and effort, Discover® Financial Services championed a few initiatives to help developers get back to what they do best: developing. The result? More than 100,000 hours of developer toil have been automated or eliminated.
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— FOR IMMEDIATE DISTRIBUTION — NEWS RELEASE iNDEXED LIFE SETS RECORDS ABLAZE Wink, Inc. Releases Second Quarter, 2023 Life Sales Results Des Moines, Iowa. August 31, 2023 – Wink, Inc. released the second quarter, 2023 life sales results in its 104 th edition of Wink’s Sales & Market Report. Wink’s Sales & Market Report is the insurance industry’s #1 resource for life insurance sales data, since 1997.
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Rising interest rates have not helped life insurance in the same way they have helped other investment products, according to Wink’s Sheryl Moore “My take is that the life insurance products haven’t been able to take advantage of increased rates as much, just because they primarily use portfolio crediting rather than new money,” Moore explained. Click HERE to read the full story via INN The post Charting the course of life insurance appeared first on Wink.
The concept of life insurance sells itself and always has. Few Americans argue against the idea of setting aside a few dollars for protection against the financial consequences of an untimely death. Converting that popular concept into a life insurance sale is where the difficulty comes in. It’s a difficulty many producers are currently having with younger Americans.
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LANSING, Mich.–( BUSINESS WIRE )– Jackson National Life Insurance Company ® (Jackson®), the main operating subsidiary of Jackson Financial Inc. 1 (NYSE: JXN), today announced the launch of Flex Suite, a streamlined and simplified menu of add-on living benefits available within the Perspective family of variable annuity products. Flex Suite includes 14 options of add-on living benefits.
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Todd Taylor, as head of New York Life’s retail annuities business, has helped shape the business for an industry leader that had more than $22 billion in sales in 2022. He believes being a mutual company has given New York Life an advantage over competitors in riding the recent annuity juggernaut. He has spent about half his 15-year tenure at New York Life working in the annuity business, first in an analytics and strategy role and then eventually leading the business, which he took over two yea
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We delayed the newsletter this week to coincide with the publishing of Wink’s Sales & Market Report’s life insurance sales report. Check it out HERE! Be sure to read our CEO’s Sheryl Moore’s much-requested compiled information on annuity issuer’s CEO compensation. Click HERE to read! September is Life Insurance Awareness Month (LIAM) and starting with next week’s newsletter, we’ll be resharing Moore’s popular life insurance-focused articles all month long
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