North American Life Insurance Activity Up 2% In January

North American applications for individually underwritten life insurance increased +2.0% in January, year-over-year, according to the MIB Life Index(TM). This marks the Index's first year-over-year increase in twelve consecutive months. It was also the first time in four years where January's application activity was greater than the prior December's application volume.

In the U.S., January's application activity was up +2.7% year-over-year,
all ages combined. Increases were observed across all age groups: 0-44,
+2.2%; 45-59, +4.7%; and 60+, +0.6% as compared to January 2005. January 2006 activity in ages 60+ showed a +7.8% increase relative to December 2005. January '06-to-December '05 changes for ages 0-44 and 45-59 were up +1.1% and +4.6%, respectively.

North American Life Insurance Activity Up 2% In January
Source: PR Newswire