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How accurately does the MIB Life Index characterize the marketplace?

April 26, 2017accurately characterize index life Marketplace MIB

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How accurately does the MIB Life Index characterize the marketplace?

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As an indicator of industry trends, the Life Index tracks very close to other insurance associations´ survey data of policies placed on the books. However, the Life Index measures policy application volumes, which inherently lead issued business by roughly three months.