Gen Re Releases 2018 U.S. Group Term Life Market Survey Results
Issue: July 2019 | Life/Health North America
Participating companies saw mixed growth in sales and in-force premium for Group Term Life and Group AD&D
For immediate release
Portland, Maine, July 1, 2019 – Gen Re has released results of the 2018 U.S. Group Term Life Market Survey. This annual industry benchmark survey covers Group Term Life and Accidental Death & Dismemberment (AD&D) in-force and new sales results for the U.S. market, representing combined employer-paid and employee-paid business.
According to the participating companies (25 for Group Term Life; 24 for AD&D), sales and in-force premium growth was mixed for both products. Key observations include:
The Market Survey is an annual benchmark survey produced by Gen Re, with the full results available only to participating companies. A summary report is available online at www.genre.com/lhsurveys.
Gen Re, a Berkshire Hathaway Company, is one of the leading life/health and property/casualty reinsurers in the world. Our North American life and health reinsurance company, General Re Life Corporation, has superior financial strength ratings among life and health reinsurers. Gen Re delivers customized reinsurance programs and risk management solutions for the Life, Medicare Supplement, Critical Illness and Individual Disability Income markets. Through our research, we also offer valuable information and insights. For more information, visit www.genre.com.