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: Structured Settlements 4Real

LIMRA Report Suggests Structured Settlement Annuities on Track For Benchmark

By John Darer

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Structured settlement annuity sales (in the primary market) reached $1.5B for Q2 2010 according to the Life Insurance Market Research Association (LIMRA) U.S. Individual Annuities Second Quarter 2010 Sales Report, which represents 96 percent of the market and was released August 13, 2010.

At $1.5B per quarter the settlement industry would be humming at a clip that is consistent with the "spiritual" industry benchmark of $6B. The industry has been sending mixed messages. On the one hand some producers complain that business is down and it's a dying industry. On the other hand Prudential just announced to its field force that Q2 2010 was its best structured settlement annuity sales quarter EVER.

We have noticed a marked increase in business volume in the last 60 days and have heard similar stories from industry brethren.

Full post as published by Structured Settlements 4Real on August 17, 2010 (boomark / email).

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