14th October 2020

US Life insurance activity returns to pre-pandemic growth reports MIB Life Index

Ending Q3 at a 4.0% growth rate YTD, US life insurance application activity has returned to pre-pandemic normal levels, according to the MIB Life Index. Q3 experienced the largest QOQ gain since 2011 at 9.2%, driven primarily by 12.8% growth in 0-44 age group and 9.2% growth in 45-59 age group.
Following record growth in July and August, September experienced the largest YOY gain since 2011 at 4.4% with MOM activity from August to September relatively flat(up 0.4%).

MIB Trends(49 articles)