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MIB Life Index


U.S. Life Insurance Activity Shows Continued Recovery
In September Reports the MIB Life Index

Braintree, MA. (October 5, 2017) — U.S. individually underwritten life insurance activity continued to improve in September with the MIB Life Index composite just slightly below par,
off -0.6%, year-over-year. The Index has shown steady improvement since Q1 2017's sharp
-4.5% decline but remains in negative territory year-to-date, off -2.6% at September’s close. For the third quarter, the composite Index was off -1.6% Q3-17/Q3-16, showing progressive improvement from this year’s earlier quarters. September's application activity was brisk, up 3.7% when compared to that of August 2017.  

U.S. life insurance application activity was mixed across three all age groups. Since last May, the 0-44 age group has consistenty led all others, even while in negative territory. September marks the younger age group’s second consecutive month in positive territory. Ages 0-44 were up 1.1%, ages 45-59 once again showed the sharpest declines at -3.4%, and ages 60+ were off -1.3% compared to same month last year. Year-to-date, application activity ages 0-44 are off -1.5% YTD, ages 45-59 are off -5.1% YTD, and ages 60+ are off -2.3% YTD.

View the 2017 MIB Life Index "At the Half" video: http://wi.st/2tDHwIu. Review additional analytics at no charge by registering at the Enhanced Life Index Portal: www.mibsolutions.com/regLI or login at: https://portal.mibsolutions.com/Welcome.

Contact: David O. Aronson, MIB Group, Inc., 781-751-6130, daronson@mib.com

Monthly Percent Change
Composite Index

Sep-17 -0.6%
Aug-17 -1.5%
Jul-17 -2.6%
Jun-17 -2.6%
May-17 -2.0%
Apr-17 -0.3%
Mar-17 -6.0%
Feb-17 -4.5%
Jan-17 -2.6%
YTD - 2017
Year End - 2016
Q3 - 2017
Q2 - 2017
Q1 - 2017
Q4 - 2016
Q3 - 2016


U.S. Monthly Percent
vs Prior Month


% Change
Age Groups



Sep - 17
Aug - 17
Jul - 17
Jun - 17
May - 17
Apr - 17
Mar - 17
Feb - 17
Jan - 17

Note: Effective January 2017, MIB has reset its benchmark comparison (basis=100) for the MIB Life Index from January 2001 to January 2011. Read more: http://bit.ly/2c908r5.

New Index values (Jan. 2011 - Jan. 2017) are posted on the Enhanced Life Index Portal at: www.mibgroup.com/riskanalytics/portal.html.

About the MIB Life Index
The MIB Life Index is the life insurance industry's timeliest measure of application activity in the United States. Released to the media each month, the Index is based on the number of searches MIB life member company underwriters perform on the MIB Checking Service database. Since the vast majority of individually underwritten life premium dollars in North America include an MIB search as a routine underwriting requirement, the MIB Life Index provides a reasonable means to estimate new business activity. For past releases, methodology or to subscribe visit www.mib.com/lifeindex.

About MIB
MIB is the life and health insurance industry’s most trusted and secure resource for data-driven risk management services that protect the financial integrity of its members and address their evolving needs. Owned by its members, MIB is uniquely positioned to securely collect and analyze confidential data. MIB services help to detect fraud, errors and omissions on insurance applications; to analyze industry data needed to manage a variety of financial risks; and to make regulatory reporting compliance less onerous and more efficient. As the life insurance industry’s first statistical agent, our MIB Solutions, Inc. subsidiary cost-effectively performs annual data calls for those insurers subject to principles-based reserving. MIB Group, Inc., a membership corporation, provides services through its wholly-owned operating subsidiaries, MIB, Inc. and MIB Solutions, Inc. For more information, visit www.mibgroup.com.




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David O. Aronson
      MIB Group, Inc.