Insurance firms cut life policy rates in New York
New York insurers have trimmed rates on individual life policies with more cuts expected this year. Officials cite higher investment yields, improved efficiency through computers, and lower than anticipated death rates due to health, medical advances, and safety. An industry study shows average policy prices dropping from 15.60 in 1975 to 15.10 in 1976 and 14.30 in 1977.
MENTIONED IN THIS ARTICLE
New York
Sugzesseq
Walter Bussewit
National Council of Life Insurance
Society of Actuaries
Life insurers cut premiums amid better mortality trends
Major insurers including New England Mutual and John Hancock have cut premium rates with plans for further reductions. Metropolitan Life weighs price cuts, while industry observers note improved mortality in the 30 year to 60 year range. The Metropolitan bulletin cites a 1977 record average longevity of 73 years plus stronger investment returns, though life expectancy progress may slow and rates could stay modest.
MENTIONED IN THIS ARTICLE
New England Mutual
John Hancock
Metropolitan
Metropolitan Life Insurance Statistical Bulletin
Verdential
Simoe
Foreign land investments to continue in 1979 pace
US real estate will attract foreign money in 1979 despite economy worries and tighter rules. Three Realtors say Middle East Dutch and West German buyers favor regional shopping centers with leases tied to gross income. North Carolina and Hawaii studies note foreign-owned farms and land, but overall farm investments remain a small, low-return part of portfolios.
MENTIONED IN THIS ARTICLE
National Association of Realtors
John Steffey
Baltimore
U.S
Steffey
Mideast
Sueiley
Stretder
Texas
Charles Bradshaw
Raleigh
N.C
North Carolina
Bradshaw
Honolulu
Kats Obama
Hawaii
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John Cuniff
The
Frederick
Ee Free al Tgs
Commerce Department
Bethlehem Steel Corp
Sparrows Point
Charles McC. Mathias
Jack Ettinger
Maryland Republican
Obama
Kuwait
Aramis
Jude
Svolys
Frederick Towne Mall
Everly's
FARMA
Harvey
E.lexington St. Balto
Regency
Hear It
ACEC
Tesco Inc
American Express
Fri
Frieve
Ene
Equitable
Mt. Airy
Mt. Airy Center
Christmas Club
IRA
Keogh
Equitable Savings and Loan Association, Inc
Francis Scott Key Mall
Maryland
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