Life/Health Industry Enjoying Increased Growth & Stability
2005's life/health insurance industry enjoyed strong growth and added stability for the second year in a row, according to a recent article by Insurance Newsnet.
A secure economic climate, increasing assets, and improved risk management were contributing factors to this sector's successful, productive year.
Citing A.M. Best as its source, Insurance Newsnet reports that strong earnings last year led to historically high life/health capital levels.
While the market remains competitive, positive signs such as new jobs, slowly increasing interest rates, and moderated medical inflation levels are positive signs for life/health insurance providers.
What does 2006 hold?
With a "stable" rating outlook for the industry, experts predict an equally successful year for insurers maintaining top-line growth, while keeping pricing strategies in check.







