MIB Life Index Reports North American Life Insurance Activity Off 1.1% in September

North American application activity for individually underwritten life insurance was down slightly in September, off -1.1% year-over-year according to the MIB Life Index(SM). Third quarter volume for U.S. and Canadian application activity was off -2.3% year-over-year, the smallest Q3 decline in the last three years. Year-to-date (YTD) application activity was off -3.1% versus the same period last year. Volume growth is consistent September to August however this month's +10.7% jump was the largest on record since 2002.

MIB Life Index Reports North American Life Insurance Activity Off 1.1% in September
Source: PR Newswire