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WEIGHTED BANK SALES OF INDIVIDUAL LIFE INSURANCE, 2007-2011 (1)
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($ millions)

Year Sales Share of industry weighted premiums
2007 $227 1.6%
2008 176 1.3
2009 203 1.8
2010 277 NA
2011 236 2.0

(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.

NA=Data not available.

Source: Bank Insurance and Securities Research Associates (BISRA).

 

Archived Tables

WEIGHTED BANK SALES OF INDIVIDUAL LIFE INSURANCE, 2004-2008 (1)
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Year Sales ($ millions) Share of industry
 annualized premium
2004 $288 2.3%
2005 274 2.2
2006 261 2.0
2007 225 1.6
2008 190 1.4

(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.

Source: Kehrer-LIMRA.

 
WEIGHTED BANK SALES OF INDIVIDUAL LIFE INSURANCE, 2005-2009 (1)
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Year Sales ($ millions) Share of industry
annualized premium
2005 $274 2.2%
2006 261 2.0
2007 227 1.6
2008 176 1.3
2009 203 1.8

(1) The weighted premium method of calculating annual sales volume emphasizes recurring premiums, i.e., policies with periodic payments. It deducts 90 percent of single premium sales, i.e., policies with one-time payments.

Source: Kehrer-LIMRA.