In conjunction with National Life Insurance Awareness Month, Best Week is reporting a continuing growth pattern in the life insurance industry, based on the first half of 2006.
Now, I have to tell you that as a copywriter, the nitty-gritty details about financial growth doesn't really start me up. Which is why, I suppose, I decided to write for a living and let you all ravage the insurance/finanical services industry with reckless abandon. But with that full disclosure out of the way, I have to tell you, it looks like exciting times in the life insurance world.

According to the Best Week article (which I found via Insurance News Net), written net premiums experienced "double-digit growth" during the first six months of '06, which is impressive when you compare it to the six-month 2005 increase of 4.5 percent.

As Mike, our chief financial officer would say, "Nice."

Experts also reported that capital and surplus levels have also rebounded nicely after last year's lackluster increase in aggregate levels—readying he life insurance industry for "an enhanced role" in the financial services marketplace.

The article went on to note that out of the top 25 life insurance groups, 23 experienced increases in their admitted asset bases. The top 25 also increased their share of overall admitted assets to 79 percent, which is up from the 76 percent recorded in June of last year.

If you've been considering a career in life insurance sales, now might be the time to look into it. You can get started by visiting our Agent Resource Center and checking out our article, Your Guide to Becoming a Life Insurance Agent, to get the low-down on life insurance sales.

And, if you have special securitly clearance a membership, you can view the full AM Best report at BestWeek.com. You can also browse the highlights in full here, courtesy of INN.