Life insurance companies' returns from commercial mortgages in this year's second quarter fell slightly to 2.23%, according to the LifeComps Commercial Mortgage Loan Index.
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That number was down from the 2.43% return life insurance companies received from commercial mortgages during the first quarter of 2014.
Rolling four-quarter averages rose to 6.15% from 1.84% between the second and first quarters of this year, a result of poor performance from early last year leaving the 2Q rolling four-quarter average.
The income return on the loans was roughly 1.3% and the price return on the loans was about 0.93%. LifeComps attributed the increase in the price return to a downward shift in the treasury yield curve and tighter mortgage spreads.
