Whole life dividend survey: featuring updated and non-updated policies
Article Abstract:
Most life insurance companies have not changed their dividend scales for 1996; but dividend scales are projected to improve for whole life products, making them more competitive against universal life products. The dividends of various whole life policies are tabulated and ranked. Updated policies, which reduce the dividend scale of the insured uses policy loans, are compared with non-updated policies.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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Number of life reinsurers dwindles as market grows
Article Abstract:
Merger and acquisition activity resulted in a 1995 US life reinsurance market consisting of fewer but stronger companies, and that trend is likely to continue. In 1995, the top 22 reinsurers accounted for about 43% of a market whose total value was $2.55 trillion. In 1994, 25 insurers accounted for about 42% of the market, which was worth over $2.4 trillion. The leading reinsurers are listed.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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Lapse ratio turns after 20-year low
Article Abstract:
The life insurance industry's lapse ratio rose 0.3 percentage point to 8.6% in 1995, after achieving a 20-year low, 8.3%, in 1994. The lapse ratio has improved fairly steadily since 1984, when it reached 14.1%. Life insurance's improved persistency is attributable to the introduction of interest-sensitive products, improved underwriting, better market research, and other factors.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Universal life policy survey. Individual and group annuities in 1991. Variable annuity premiums - 1990
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- Abstracts: How to analyze a life insurer. S&P credit market services view
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