Structured Settlement Annuities Target Record Year After Scorching Q2 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)
