Life insurers' operating margins hit 5-year highs in 1997

Townsend, Frederick S.
November 1998
National Underwriter / Life & Health Financial Services;11/23/98, Vol. 102 Issue 47, p3
Reports that pre-tax and after-tax operating margins rose for the third consecutive year in 1997 for the 127 largest ordinary life insurers in the United States. Benefits of the operating margins from a downward trend in termination ratios; Adverse trends; Factors which could adversely impact net profits in future years; Five-year high of operating gains.


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