Thursday, August 30, 2007

 

MIB Life Index Reports North American Life Insurance Activity Off -1.5% in July

North American application activity for individually underwritten life insurance was off slightly in July, down -1.5% year-over-year, according to the MIB Life Index(SM). July's decline in the U.S. was largely offset by very positive application activity this month in Canada. Overall for 2007, year-over-year net change shows declining activity at a decreasing rate from January / February levels in the -6.5% range. Year-to-date (YTD) life insurance application activity for the U.S. and Canada is off -3.3% compared to the same period last year.

MIB Life Index Reports North American Life Insurance Activity Off -1.5% in July
Source: PR Newswire

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