US life/annuity market posts 16% increase in total revenue: AM Best

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Reinsurance News - Aug 27, 2024

During the first three months of 2024, the US life/annuity market’s total revenue increased 16% to $303.2 billion, compared to $261.4 billion from the previous year, according to credit ratings agency AM Best. This notable increase was driven by a 20.5% increase in premiums and annuity conside...

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