Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

MIB: Life Activity Falls

By Staff Writer

X
Your article was successfully shared with the contacts you provided.

U.S. life insurers researched fewer requests for individual coverage in May than they did in May 2010, but activity for older applicants continued to increase.

The MIB Group Inc., Braintree, Mass., has published life activity data in an analysis of U.S. life insurers’ use of MIB databases to check individually underwritten life applications.

Overall U.S. activity volume dropped 2.6% in May. Activity volume fell 4.7% for applicants ages 0 to 44, and it fell 3.3% for for applicants ages 45 to 59.

Activity for applicants ages 60 and older increased 5.7%.

“May’s growth in the ages 60 plus group was the smallest monthly gain seen for this age group since February 2008,” MIB says in a comment on the latest results.

In April, overall MIB application research activity was 1.1% higher than in April 2010.

- Allison Bell

Other MIB index coverage from National Underwriter Life & Health:

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.