The survey was conducted using thirty-two group disability carriers
that includes “all of the top twenty carriers, as ranked by inforce premium in the full-year 2005. Basically we are talking about all of the heavy hitters in the group disability insurance marketplace.Some of the key results included:
- Total combined group disability (LTD and STD) earned premium at mid-year reached almost $5.8 billion, an increase of 5%.
- The total number of insured employees grew by approximately 3% for LTD and 5% for STD.
- Survey results indicate that combined U.S. group disability mid-year sales premium (LTD & STD) decreased by 11% compared to mid-year 2005, to just over $1.1 billion.
- New sales premium for LTD was down 11% to just under $778 million, while new STD sales decreased 12%, to approximately $355 million.
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