The life insurance industry continu...

The life insurance industry continued to make up for in 2003 from the tenor of the "Perfect Storm" during which depressed interest rates, weak equity market recurs worsening corporate credit, declining pay income and large investment losse negatively impacted the industry.

Despite a volatile economic environment, the total assets of the U life insurance companies continued to vegetate at a healthy rate of 127% in 2003 spurr from the increase in separate account assets. The putting out rate was even more prominent for the larger companies, which increased their asset base according to $366 billion, or 14.6%.

After three consecutive years