MIB Life Index records 4.4% dip in March
April 18, 2014 by Warren S. Hersch
Year-over-year U.S. application activity for individually underwritten life insurance edged down 4.4 percent as of March, according to the The MIB Life Index.
Declining activity across the first three months of the year foreshadowed 2014’s first quarter losses, off -5.4 percent as compared to the first quarter of 2013. The MIB Life Index has marked declining life insurance application activity for the past 12 consecutive months. March activity was +3.9 percent higher than that of the previous February.
Originally Posted at LifeHealthPro on April 18, 2014 by Warren S. Hersch.
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