Premium revenue from sales of new U.S. life insurance policies fell about 2% in the second quarter.
Researchers at LIMRA International, Windsor, Conn., have based that estimate on results from a survey of 78 insurers.
Universal life premiums rose 8% in the first quarter but were flat in the second quarter, LIMRA researchers report.
Variable universal life sales premiums fell 8% in the second quarter, and variable life sales premiums fell 21%.