Life insurance group assets up 6% in 2005

The overall growth rate in admitted assets for the top 200 life insurance groups slowed in 2005 to a more moderate 6% range from more than 9% in 2004, according to A.M. Best. Total industry growth also was lower, down to 5% in 2005. Following two years of higher growth, US life insurers settled for slower but still continuing growth in admitted assets, as fixed annuity sales continued to experience a slowdown.