MIB Life Index Reports U.S. Life Insurance Activity Closed 2014 off -0.6% YTD
Application activity for individually underwritten life insurance closed 2014 off -0.6% YTD from levels observed at year-end 2013, according to the MIB Life Index. December’s activity increased +2.6% year-over-year.
Underwriting Gems: Total Bilirubin and RDW
In recent years, we have learned a great deal about the insurability implications of two common tests: total bilirubin and a component of the CBC called the red blood cell distribution index (RDW).
Pseudodementia: An Insurable Condition?
Pseudodementia is a term that describes specific types of reversible dementias. It is primarily associated with depression, but can be due to other causes as well. This article distinguishes pseudodementia from true dementia, discusses pseudodementia’s causes, characteristic signs and symptoms, diagnosis and treatments, and covers its most important mortality concerns.
Impaired Risk Review: Nonalcoholic Fatty Liver Disease (NASH)
NASH affects between 2 and 5 percent of Americans and is not always a benign disease or an incidental finding. Along with hepatitis B and hepatitis C, it is attracting large amounts of research dollars in the study of its prevention and treatment.
Why Data Drives Underwriting Assessments of Heart Valve Disorders
Mitral regurgitation, or mitral insufficiency, is the second most common form of valvular heart disease, after aortic stenosis. It’s a heart valve disorder that occurs when the mitral valve does not close properly during ventricular systole (contraction).
2015 EY US Life-Annuity Insurance Outlook
Prospects are generally upbeat in 2015 for providers of life insurance and annuities in the US. Insurers can expect to build upon recent improvements in annuity sales, as credit rates continue to increase and customers return to simplified, tax-deferred products. Life insurance sales will benefit from rising levels of consumer confidence and personal wealth, both driven by the ongoing economic recovery and expectations for gradual increases in interest rates.
Two Ways to Innovate in Life Insurance
To reverse the long-term decline in those buying life insurance, companies must become relevant to younger, healthier people.
Insurance Companies on the Hunt for Young Workers
That is the challenge for insurers facing future labor shortages and intense competition from flashier companies such as tech startups for young, talented employees. About half of all insurance workers are older than 45. The industry’s reputation is bruised from the financial crisis bailout of AIG and the denial of claims after hurricanes Katrina in New Orleans and Sandy on the East Coast.