MIB Life Index Reports US Life Insurance Activity Declines 6.6% in November

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(Westwood, Mass. � December 26, 2006) Application activity for individually underwritten life insurance sold by U.S. insurance companies declined -6.6% in November yearover-year, the ninth consecutive month of decreases in 2006, according to the MIB Life Index. Year-to-date (YTD), U.S. application activity is off -3.6%, compared to the same eleven months in 2005.

U.S. application volume was off across all three age groups � ages 0-44 down -8.4% (the lowest value for November seen since the Index�s inception), ages 45-59 off -4.7% and ages 60+ off slightly -0.6% versus November 2005. November�s -2.1% decline compared to this past October was chiefly driven by changes in the 0-44 age group down -3.2%, and the 60+ age group off -1.5%, with 45-59 remaining flat.

  Monthly Percent Change vs. 2005
November 2006 -6.6%
October 2006 -3.3%
YTD 2006 -3.6%

  Monthly Percent Change vs Previous Month
November 2006 -2.1%

About the MIB Life Index

The MIB Life Index is the life insurance industry’s timeliest measure of application activity across the U.S. Released to the media each month, the Index is based on the number of searches 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.

About MIB

MIB is the life and health insurance industry’s most trusted resource for risk information and analytical services. Owned by the industry it has served for more than a century, MIB is uniquely positioned to aggregate industry insights in order to develop products and services for our members that improve their risk management decisions. MIB, Inc. and MIB Solutions, Inc. are wholly-owned subsidiaries of the MIB Group, Inc. Visit www.mib.com.

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