MIB Life Index Reports U.S. Life Insurance Activity Declines 2.0% in September
The U.S. MIB Life Index by age group for September showed ages 0-44, off -5.5%; ages 45-59, flat at -0.2%; and ages 60+, up +8.7% year-over-year. In the middle age market (45-59), this is the second consecutive month of flat activity in a year peppered by gains and losses. Growth in the 60 + age group has tempered from double-digits in May, posting in single digit growth for the last four consecutive months.
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U.S. Monthly Percent Change vs. 2009 |
||
Sept. 2010 |
-2.0% |
|
Aug. 2010 |
-1.8% |
|
YTD 2010 |
-1.0% |
|
Q1 2010/Q1 2009 |
+1.3% |
|
Q2 2010/Q2 2009 |
-1.8% </td> | |
Q3 2010/Q3 2009 |
-2.6% |
|
U.S. Monthly Percent Change by Age (year-over-year) |
||||
Sep. '10 |
Aug. '10 |
Jul. '10 |
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0 - 44 |
-5.5% |
-5.2% |
-7.4% |
|
45- 59 |
-0.2% |
-0.5% |
-2.8% |
|
60 + |
+8.7% |
+8.9% |
+7.0% |
|
U.S. Monthly Percent Change vs. Prior Month |
||
Sept. 2010 |
+9.7% |
|
About the MIB Life Index
The MIB Life Index is the life insurance industry's timeliest measure of application activity in
About
Contact: |
|
David O. Aronson |
|
MIB Group, Inc. |
|
781-751-6330 |
|
SOURCE
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