Gen Re Announces U.S. Medicare Supplement Market Survey 2019 Results |
Issue: October 2020 Life/Health North America
In-force premium grew by 5.8% over 2018 for participating companies. Portland, Maine, October 1, 2020 – Gen Re has released results of this year’s U.S. Medicare Supplement Market Survey, its annual industry benchmarking survey covering in-force, new sales, business performance, claim trends, lapse rates and rate filings for the U.S. market in 2019. Eighty-five companies are represented in the report, including those with blocks of business that are currently open or closed, with most companies (71%) managing a combination of both. Excluding Blue Cross Blue Shield companies, Gen Re estimates that the survey includes approximately 89% of the Medicare Supplement market. Key results from this year’s survey 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 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/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. |
Contact: Steve Woods |