Friday, April 21, 2006

 

North American Life Insurance Activity Off 5.8% In March

North American application activity for individually underwritten life insurance was off -5.8% in March year-over-year, the second largest decline in March activity over the past four years, according to the MIB Life Index(SM). The aggregate index was impacted most by a -7.2% year-over-year decline in U.S. applications; in contrast, Canada experienced a +6.0% increase for the same period. Previous year-to-date (YTD) gains were eroded by March declines; for the first quarter 2006, North American applications are off -1.5%.

North American Life Insurance Activity Off 5.8% In March
Source: Yahoo! Finance

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