Rates, bonds spur insurers' rebound
Article Abstract:
The life/health insurance industry experienced a positive trend of statutory earnings in the first nine months of 1995. This growth is attributed to lower interest rates in the second and third quarter of 1995, and a healthy stock and bond market. Capital gains totaled $4.68 billion, a $6-billion increase from the $1.32 billion loss during the same period of 1994. This growth in total capital gains results from a $4.94-billion increase in unrealized capital gains.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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Market conduct fallout causes slow growth rate
Article Abstract:
Life insurance issues increased only 1.5% to $2.02 trillion in 1995. Marginal growth in ordinary life insurance and declining public confidence of the insurance industry contributed to the slow growth rate. Credit life insurance increased 8.1% in 1995 and posted the highest growth rate among the life insurance segments. Group life insurance and ordinary life insurance businesses increased 2.1% and 2.5%, respectively, in 1995.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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Modest 2.3% growth rate due to group sales slump
Article Abstract:
Sales of life insurance products increased a modest 2.3% in 1994 to $2 trillion, up from sales of $1.95 trillion in 1993. Credit life insurance posted the largest growth (8.9%) with $146.4 bil in sales, whereas group life declined 1.7%. Ordinary life sales increased 3.6% and accounts for over 62% of total life and health insurance sales. Sales for the top 100 companies are tabulated.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1995
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Comment about this article or add new information about this topic:
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