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Life Insurance Activity Continues Dip In April But Still Stronger Than 2021, MIB Reports

by Carrie Haubensak | May 20, 2022 | Life Insurance, news

U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However, this YOY comparison was impacted, in part, by record-breaking growth seen in April of 2021. When taking a longer-term...

Life Application Activity In 1Q 2022, MIB Index Says

by Carrie Haubensak | May 5, 2022 | Life Insurance, news

U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity in March of 2021, and finishing Q1 2022 at -5.6% year to date, according to the MIB Life Index. However, when taking a...

Life Insurers See Highest Period Of Growth In 5 Years

by Carrie Haubensak | Mar 9, 2022 | Life Insurance, news

Fitch Ratings-Chicago/New York-25 February 2022: U.S. life insurers saw their highest single period of growth over the past five years in 2021, according to Fitch Ratings’ new GAAP Results dashboard. Pre-tax operating income rose approximately 45% on an aggregate...

Life Insurance Activity Off 4.8% In January, MIB Index Reports

by Carrie Haubensak | Feb 24, 2022 | Life Insurance

U.S. life insurance application activity declined in January 2022 compared to January 2021, according to MIB Life Index, with year-over-year activity down -4.8% and representing the second consecutive month with YOY declines. When taking a historical lookback,...

SelectQuote, Inc. Reports Second Quarter of Fiscal Year 2022 Results

by Carrie Haubensak | Feb 17, 2022 | Insurance Industry, Life Insurance, Medicare

SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the second quarter of fiscal year 2022 of $195.0 million compared to consolidated revenue for the second quarter of fiscal year 2021 of $357.6 million. Consolidated net loss for the second quarter of...

COVID-19 Hangs Over Life, Health and Annuity Results: Q4 Earnings Calendar

by Carrie Haubensak | Jan 27, 2022 | Insurance Industry, Life Insurance, news, Uncategorized

UnitedHealth Group on Wednesday started the life, health and annuity issuer earnings release season for the fourth quarter of 2021 — and its experience showed that the COVID-19 pandemic is still shaping how Wall Street sees the life and health world, almost two years...
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