Friday, January 27, 2006

 

December's North American Life Insurance Activity Off 5.5%; 2005 Yearly Applications Decline 3.3%

Applications for individually underwritten life insurance in North America were off -5.5% in December, year- over-year, according to the MIB Life Index(TM). This marks the eleventh consecutive month of year-over-year decline in 2005. In total for all of 2005, North American applications were off -3.3%, all ages combined compared to 2004. When coupled with declining activity 2004/2003 (-2.3%) and 2003/2002 (-3.0%), the industry is experiencing a 3-year decline in applications in excess of 8%.

December's North American Life Insurance Activity Off 5.5%; 2005 Yearly Applications Decline 3.3%
Source: PR Newswire

This page is powered by Blogger. Isn't yours?