We are one of the top providers of life insurance in the United States. In our focus individual products, term and universal life, we currently rank eighteenth and twenty-first, respectively, based on premiums sold.
Our Individual Life segment has a broad independent distribution footprint and manufactures a wide range of competitive products, from low-cost term life insurance designed to serve the middle market to fixed, indexed and variable universal life insurance products targeted to more affluent markets. We have been re-pricing term and universal life given the low interest rate environment, and are focused on selling indexed and accumulation products in an effort to use capital efficiently.
Full Year 2016 Individual Life Operating Earnings before Income Taxes $59mn
Objective: Improve returns by leveraging widespread distribution to deliver less capital intensive products.
($ in millions)
|% of Sales
|Aligned Distribution Sales
|Direct Term Writers
- #12 in Universal Life Total
- #7 Index Universal Life
- #21 in Variable Universal Life
- LIMRA 3Q'16 Final Premium Reporting (latest available)