Structured Settlement Annuities Target Record Year After Scorching Q2 2023!

John Darer • July 9, 2023

Structured Settlement Annuities on Pace for $8B Year

The Structured Settlement Industry saw its THIRD straight quarter with in excess of $2B in production and is now on course for a record busting $8 billion dollar year.  June 2023 production was greater than June 2021 and June 2022 combined.  Special thanks to Matthew Ross for compiling the stats.


Structured Settlement Industry Q2 2023 Report


MetLife was the leading company in terms of Q2 2023 production with $834,000,000 in premium, a 42.5% increase over Q1 2023. which MetLife also led. MetLife structured settlement underwriting companies are Metropolitan Tower Life Insurance Company and Metropolitan Life Insurance Company. The former is the primary underwriting company and the latter is the MetLife underwriting company that has been in business since the 19th Century, having been founded in 1868. MetLife's results are a testament to its ubiquitous advertising (they are eonline) and great rates.


4 structured settlement annuity issuers received in excess of $200,000,000 in premiums for Q2, The Prudential Insurance Company of America, USAA Lfe Insurance Company, New York Life Insurance Company and Pacific Life Insurance Company


2 structured settlement annuity issuers received in excess of $100,000,000 in structured settlement annuity premiums for Q2 2023.


Prudential's production was up 527.27% over Q1 2023. Welcome back to the party Prudential!  Honorable mention to Mutual of Omaha which improved 44.44% Q2 over Q1 production.


As we begin the Q3 2023, we've seen 2 Year US Treasuries touch their highest level in 16 years.



Why Structured Settlements? Because Certain Sells® 

We have solutions to deal with

what most people worry about the most


Because Certain Sells® is a Registered Trademark of 4structures.com LLC

 (USPTO Reg. 6237309



 

 


independent life structured settlement annuities
By John Darer March 16, 2025
In the structured settlement annuity industry, dominated by many of the largest life insurers in the United States, Independent Life Insurance Company (ILIC) achieved significant milestones in 2024. Good news, positives and some concerns discussed in this lattest post.
Prudential and Pacific Life are among the world's most ethical companies
By John Darer March 13, 2025
Prudential and Pacific Life have once again been named among the world's most ethical companies. Prudential received the award for the 11th time., Pacific Life received the award for the 8th time. Prudential and Pacific Life are leading issuers of structured settlement annuities.
structured settlement annuity market expansion 2025
By John Darer March 13, 2025
John Darer reviews structured settlement annuity market expansion featuring 3 new entrants Athene Life & Annuity, American National (ANICO) and Puritan Life as well as MetLife's development of a best in class
settlement agreement and release
By John Darer February 11, 2025
What is a Settlement Agreement and Release? What is the role of a Settlement Agreement and Release in establishing a structured settlement? What is a compromise?
structured settlement market explained
By John Darer February 11, 2025
John Darer reviews the primary structured settlement market, secindary market and tertiary structured settlement markets
tax free structured settlement annuity
By John Darer February 7, 2025
A structured settlement annuity does not drive the tax consequences of structured settlement annuity payments. It is the type of damages the structured settlement annuity payments represent, as reflected in the relevant settlement documentation executed by the settling parties
structured settlement beneficiary
By John Darer January 29, 2025
Structured settlement beneficiary death claim. An executor cannot change the beneficiary of a structured settlement annuity. StructuredTypically, settlement agreements permit the Payee to name or change a beneficiary, provided such change is in writing and submitted to the Assigmment Company or annuity issuer in writing and in proper form.
new york structured settlements, new york city structured settlements, nyc structured settlement cos
By John Darer January 23, 2025
Which life insurance companies write structured settlement annuities for personal injury and wrrongful death settlements in Bronx, Brooklyn, Staten Island, Queens, Manhattan, Long Island, Westchester, Erie, Rockland, Albany,Monroe in 2025 through licensed representatives?
structured settlement annuities
By John Darer January 8, 2025
Why Structured Settlements? Because Certain Sells® Structured settlements offer predictable income streams, which can be appealing to rein in uncertainty. John Darer reviews some other reasons that structured settlements are increasingly being used to settle cases:
structured settlements history
By John Darer December 13, 2024
Structured settlements have roots that trace back more than 100 years, from 1918, when Congress exempted damages for personal injury or sickness from income tax, to the establishment of structured settlements as the core personal injury settlement planning tool it is today.
More Posts