LIMRA

According to LIMRA research, cost and affordability were top of mind with workers as they reviewed their benefits in 2023. Patrick Leary, corporate vice president and director of LIMRA Workplace Benefits Research explains how, in an inflationary environment, “wallet share” is an important consideration for workplace benefits providers. #MarketFacts #WorkplaceBenefits #Economy #Workers

In an era of disruption, our industry must innovate with purpose. We’re curious: What do you think is the most pressing issue facing the life insurance industry? Let us know why in the comments. Join us at the 2024 LIMRA Annual Conference to learn from experts about the biggest challenges facing our industry and what factors will most influence future growth. September 15 – 17 Nashville, Tennessee ➡ Register today: https://ow.ly/HaIl50SzIaq #LIMRAAC #LifeInsurance #InnovateWithPurpose

Total U.S. annuity sales were $215.2 billion in the first half of 2024, a 19% jump from prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey. This is a new sales record for the first six months of a year since LIMRA started tracking sales in the 1980s. ➡️LIMRA: U.S. Annuity Sales Set New Record in First Half of 2024 https://ow.ly/16ee50SJfnc #Annuities #FinancialServices #AnnuityMarket

Join our next episode of Industry Insights With Bryan Hodgens on Wednesday, July 24th at 2pm ET. Over the past few decades, shifts in distribution have significantly changed the U.S. life insurance market, altering the power dynamic for carriers. In the next LinkedIn Live, Bryan Hodgens AIF® Hodgens, head of LIMRA Research and John Carroll, head of Life & Annuities, LIMRA and LOMA will discuss the many ways the increase in independent distribution has influenced product design and sales. They will also explore the trends that will shape the future of the market. We look forward to seeing you there! #IndustryInsightsWithBryanHodgens #LifeInsurance #Distribution #Carriers #FinancialServices

Independent distribution is shifting the dynamics of the U.S. life insurance market. Bryan Hodgens AIF®, head of LIMRA Research, and John Carroll, head of Life & Annuities, will explore the evolution of this change and how it is influencing product design and sales. Join us today at 2:00 p.m.: https://ow.ly/zNT150SEiq8 #IndustryInsightsWithBryanHodgens #LifeInsurance #Distribution

Have you seen our new research for the month of July? LIMRA members can explore the latest updates and trends: 1. Key stakeholders are seeing an uptick in the adoption of in-plan annuities. Tune into LIMRA's podcast debut for a deeper dive into the current landscape of in-plan annuities. ➡ https://ow.ly/frrh50SIf2o   2. The 2024 BEAT Study: Benefits and Employee Attitude Tracker provides insights into how employees view their work and the strategic role benefits programs can play in attracting and retaining talent. Learn more: ➡ https://ow.ly/yk4Y50SIf2m 3. Financial professionals share their perspectives on the vital role wholesalers play in their success: ➡ https://ow.ly/tfny50SIf2q 4. Explore Canadian consumers’ perceptions, attitudes, and behaviors with the Canadian Insurance Barometer Study: ➡ https://ow.ly/5EBv50SIf2n #LifeInsurance #Annuities #WorkplaceBenefits #LIMRAResearch #FinancialServices

Registered indexed-linked annuity (RILA) sales soared to $47.4 billion in 2023. Teodor Panaitisor, LIMRA assistant research director of annuity research, discusses the RILA product market and its expected growth. InsuranceNewsNet: RILAs take off as consumers look for balance, protection: https://ow.ly/n3mK50SEhI9 #Annuities #MarketGrowth

Whole life insurance has enjoyed more than a decade of dominance, but the market is shifting. How are carriers adapting to new market realities? #MarketFacts #Retirement #Advisors #InvestmentRisks

Insurers are embracing GenAI to transform their processes and drive tangible outcomes across the insurance value chain. Leading practices are emerging as carriers reinvent their operations to leverage GenAI's unique capabilities. https://ow.ly/If5G50SEJsx #GenAI

Join us at this year’s 2024 Supplemental Health, Disability Insurance, and Long-Term Care Conference. This event will allow you to explore new strategies and trends while you network with industry peers. ➡️August 12-14 in Louisville, KY ➡️Register today: https://ow.ly/BkV150SzAw4 #SDLConf #LongTermCare #SupplementalHealth #DisabilityInsurance