Five Underwriting Trends That Boost Performance
Forward-looking insurers are refreshing their underwriting and pricing operations to increase profitability and generate business value. Learn more to follow their lead.
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The Possibilities for Wearables across Life Insurance
Consumers in the US are showing a lot of enthusiasm for wearable devices. For example, US sales of connected wellness and personal health products and services are expected to exceed $8 billion by 2018, per Parks Associates research; more than 32 million U.S. consumers will actively track their personal health and fitness online or via mobile devices next year.
Selling Life Insurance Successfully to the HNWI Market
Universal life insurance has been available in a variety of permutations since its creation in the late 1970s. Today, policies with death benefits in excess of US$10 million are purchased exclusively by customers with more than $1 million in investable assets – high-net-worth individuals (HNWIs) – and play vital roles in estate planning and asset allocation strategies. HNWI assets under management have been growing rapidly on every continent. This report aims to show how primary life insurers can explore or strengthen their existing presence in this brokered international market by developing successful strategies that can optimize market presence and penetration.
The 9 Biggest Announcements from Life and Health Insurers This Past Week
Paradigm shift news roundup: Petersen International, NAIFA, MetLife, USAA, Wink, Guardian Life, LIMRA, Lincoln Financial, New York Life
Individual Life Sales Trends: Will IUL & Whole Life Continue to Drive the Growth?
Common wisdom in the industry argues that in times of financial uncertainty consumers will gravitate to the security offered by permanent coverage and an illustrated cash value. LIMRA published sales trends for the past 40 years. In looking back through the heart of the financial crisis, does the common assumption ring true?
LIMRA Reports Individual Life Insurance Sales Increase 8 Percent in First Quarter 2015
Total individual life insurance new annualized premium increased 8 percent and policy count rose 5 percent in the first quarter, according to LIMRA’s Retail Individual Life Insurance Survey.
Electronic Health Records Data Webcast: Are You Ready?
Electronic health records (EHRs) are having a huge impact on the life insurance industry. RGA has dedicated resources monitoring this space and developing tools to leverage EHRs in the sale of insurance. In our second webcast covering EHRs, RGA will discuss our vision for EHRs with respect to life insurance, current initiatives related to these records and strategies for utilization of structured and unstructured data from electronic medical data sources. This webcast will also include an update on EHR adoption, meaningful use and interoperability in the United States.
2014 Life Reinsurance Survey Report
The results of the latest survey of the US and Canadian life reinsurance market have been published at the Munich RE website.