|
|
|
| November 11, 2008: MIB Life Index Reports North American Life Insurance Activity Off 1.8% in October... |
Per MIB information release: North American application activity for individually underwritten life insurance was down -1.8% in October year-over-year, according to the MIB Life Index(SM). Year to date (YTD) U.S. and Canadian activity remained stable off -1.9%, compared to the same ten months last year. October activity was up +2.5% over September 2008, in a range consistent for this period.
U.S. application activity declined -2.3% in October year-over-year, all ages combined. Consistent with past trends, age groups 0-44 and 45-59 were off -3.7% and -1.3%, respectively, with the 60+ age group up +3.2% year-over-year. At the close of October, YTD U.S. application activity remained stable at -2.4%, compared to the same ten months last year.
Canadian application activity grew slightly in October up +1.1% year-over-year, all ages combined. Activity by age group was contrary to U.S. results: 0-44 and 45-59 were up +1.7% and +1.2% respectively, with the 60+ age group off -3.0% year-over-year. Year to date, Canadian application activity remained stable at +1.8%, compared to the same ten months last year.
E.&O.E.
|
|
Print
Mail Friend
|
|
| HEADLINES |
|
| September 03, 2010: Canadian Life Insurers Continue To Acquire US Life Insurers...Industrial Alliance Acquires Golden State Mutual... |
|
| September 01, 2010: US and Canadian consumers and brokers tap into savings and better life insurance values with QuotesOnTap(R) on SmartPhones and SmartTablets... |
|
| August 30, 2010: LIMRA Study: Individual life insurance ownership in the US drops to a 50-year low... |
|
| Aug 16, 2010: QuotesOnTap, North America's first and only fully self-contained independent multiple company life insurance quotation and comparison tool for the new generation of SmartPhones rapidly gains popularity and is being further enhanced... |
|
|
|
