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Life Health > Life Insurance

LOMA Directors Optimistic About 2004

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NU Online News Service, Jan. 26, 2004, 1:05 p.m. EST – This year could be a better year for life insurance companies than 2003, according to LOMA, Atlanta.[@@]

Most LOMA directors who participated in a recent informal survey agreed that the U.S. economy is showing signs of a gradual recovery, and that the upturn should lead to low to moderate sales growth and growth in sales of variable products, LOMA says.

LOMA directors predicted that wireless technology, process automation and imaging will be the technologies to watch in the life insurance industry.


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