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Article: Life Insurance Sales Rise After Years in Doldrums.(Brief Article)
- Article from:
- American Banker
- Article date:
- September 27, 2000
- Author:
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Individual life insurance sales in the first half of 2000 appear to have rebounded from years of poor performance, according to a new survey from the life insurance industry group Limra International in Windsor, Conn.
According to the survey, new premiums grew 16% in the first half of 2000, compared with the first half of 1999, while the number of new policies sold was up 4%. Face values of the policies sold increased 34%.
While these numbers are positive, they represent only an uptick after a lot of bad years for life insurance sales, said Maria Dynia, assistant scientist at Limra and conductor of the survey. "This is just a quarter where we're seeing some growth," ...