31 $2.

In the first quarter of 2005, total revenues were up 47% from the fourth
quarter of 2004, a result of increased consumer participation due to the
impact of InsWeb's direct marketing efforts and typical seasonality.

INSWEB CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Amounts in thousands, except net loss per share)
(unaudited )

Three months ended
March 31,
2005 2004

Revenues:
Transaction fees $5,606 $3,830
Development and maintenance fees 88 225

Total revenues 5,694 4,055

Operating expenses:
Technology 1,372 1,470
Sales and marketing 4,702 3,334
General and administrative 1,132 1,282
Total operating expenses 7,206 6,086
Loss from operations (1 ,512) (2,031)
Interest and other income 92 71
Net loss $(1,420) $(1,960)

Net loss per share - basic and diluted $(0.
The new product also features an improved DOT rider that now includes
a conversion privilege allowing policyowners to convert the remaining
term portion to a Whole Life or Modified Premium Whole Life within the
first 10 years without evidence of insurability . Conversion options
allow policyowners to lock in their future insurability; either at
their current age or the age they were when they purchased the rider.(1)
The DOT rider helps consumers get additional death benefit
protection.

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1 million in the first
quarter of 2004. Enan. "As a mutual life insurer with financial strength and
stability, New York Life is particularly well situated to provide
outstanding whole life options. Paid-up insurance means that,
once purchased, policyowners won't pay a premium for this additional
coverage.

New York Life Insurance Company, a Fortune 100 company founded in
1845, is the largest mutual life insurance company in the United
States and one of the largest life insurers in the world.

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This compares to a net loss of $2.0 million, or $0.

Financial Highlights and Metrics:

Revenues: Mar 31, 2005 Dec 31, 2004 Mar 31, 2004

Transaction fee revenues:
Auto insurance $4,698,000 $3,118,000 $2,736,000
Term life insurance 828,000 569,000 1,033 ,000
Other insurance offerings 80,000 54,000 61,000
5,606,000 3,741,000 3,830,000
Development and maintenance fees 88,000 123,000 225,000
Total revenues $5,694,000 $3,864 ,000 $4,055,000

Direct Marketing
(Consumer Acquisition): Mar 31, 2005 Dec 31, 2004 Mar 31, 2004

Direct marketing costs $3,156,000 $2,452,000 $1,854,000
Direct marketing as a
percent of revenues 55% 63% 46%
Number of consumers 1,091,000 740,000 733,000
Marketing cost per consumer $2.7 million, or $2.

Another great source for consumers are the sites of Government Regulators.

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This trend is expected to continue in
the second quarter as the InsWeb term life agency continues to ramp-up.insweb.com. Potentially dilutive stock options are not included in the
computation of the diluted net loss per share as the effect would be
antidilutive.
"These enhancements make New York Life's whole life insurance
products even more attractive to consumers as an important product for
their families," said Scott Berlin , vice president, Individual Life
Department."
New features and options available through the enhanced whole life
product include lower face amount limits for the best risk class:
$100,000 for Whole Life and $250,000 for Modified Premium Whole Life.
This product is not yet approved in all states .

Features web sites containing consumer information and articles related to the topic of insurance.

fool glossaries

9 million in the fourth quarter of 2004 and $4.53

Definitions:

"Direct marketing costs" Represents expenses incurred by InsWeb to
drive consumer traffic to InsWeb's online
insurance marketplace;
"Number of consumers" Represents a consumer who has started an
InsWeb application;
"Per consumer information" Represents transaction revenue earned or
marketing costs incurred per consumer who has
started an application.
Headquartered in New York City, New York Life's family of companies
offers life insurance, annuities and long-term care insurance.

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4 million, or $0.86 $10. Policyowners can now convert this rider to Whole
Life or Modified Premium Whole Life during the first 10 years ,
regardless of their health.

policyholder annuities

"Total
revenues grew 47% from the preceding fourth quarter and 40 % year-over-year, as
we benefited from positive returns from our online advertising efforts, and to
a lesser extent, first quarter seasonality.30 per share.

NOTE: "INSWEB" is a registered service mark of InsWeb Corporation.

(1) Pending approval in HI, IL, IN, IA, MD, MA, MN, MT, NJ , NY,
NC, OR, PA, TX, UT, VT and WA.

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53
Total revenue per consumer $5.68

Auto insurance revenues increased 51% sequentially from the fourth quarter
of 2004, reflecting a similar increase in the total number of auto insurance
consumers.
Forward-looking statements include statements regarding: projected future
revenues, expenses and financial position; marketing and consumer acquisition;
the results of certain strategic initiatives; increased or decreased
participation by insurance companies; product and technological
implementations; and projected expenditures and growth.

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SACRAMENTO, Calif.22 $5.

Term Life Marketplace: Mar 31, 2005 Dec 31, 2004 Mar 31, 2004

Term life insurance revenues $828,000 $569 ,000 $1,033,000
Number of consumers 93,000 83,000 100,000
Revenue per consumer $8.90 $6.

For further information regarding InsWeb Corporation, please review the
Company's filings the Securities and Exchange Commission, including Quarterly
Reports on Form 10-Q and Annual Reports on Form 10-K, and in particular
Management's Discussion and Analysis of Financial Condition and Results of
Operations.30) $(0. The best risk class
for qualifying consumers is now offered at lower face amounts.

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Overall, we are
encouraged by our progress and believe we are on track to continue our
operational improvements over the course of the year," concluded Mr.85 $4.P. All
marks above are those of InsWeb Corporation, except for those of insurance
insurers, brokers, agents, industry organizations, financial institutions ,
online partners, service providers, other mentioned companies and educational
institutions, which are the marks of their respective entities. As the amount of paid-up insurance increases, the amount of
term insurance provided by the rider decreases.
Please visit New York Life's Web site at www .

You will likely be amazed at what your national, provincial, or state site offers.

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"We are pleased to report our third consecutive quarter of sequential
revenue growth," said Hussein Enan , chairman and CEO of InsWeb.33

Revenue per life insurance consumer increased from the preceding fourth
quarter, reflecting an increased number of closed policies and the transition
to a commission-based revenue model. It
is based on current information, which we have assessed, but which by its
nature is dynamic and subject to rapid and even abrupt changes.

earning considerations

42 per share. We attracted a significantly
higher number of consumers, over one million, while also decreasing the
average marketing cost per consumer thanks to the increasing effectiveness of
our direct marketing programs .91 $4.
This news release contains forward-looking statements reflecting
management 's current forecast of certain aspects of the Company's future. With the enhancements we've
introduced , policyowners are better equipped to take control of their
financial future while effectively preparing for tomorrow's unexpected
events.

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, InsWeb Corp. Marketing cost per consumer decreased by 13%, while total
revenue per consumer remained flat.

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7 million, compared to
$3."
"Revenues from our auto offering increased 51% sequentially, due in large
part to the expansion of our agent network program, which provides consumer
leads to local personal lines insurance agents. The DOT rider works in conjunction with the "paid-up
additions" dividend option, which applies any dividends earned to
automatically purchase paid-up life insurance.

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We also experienced a 46%
increase in term life revenues over the fourth quarter of 2004, due primarily
to the successful ramping-up of our term life agency. The top-rated online
insurance marketplace also provides live customer service, interactive tools
and independent research. The Company's actual
results might differ materially from those stated or implied by such
forward-looking statements due to risks and uncertainties associated with the
Company's business, which include, but are not limited to: variations in
consumer usage of the internet to shop for and purchase insurance; the
willingness and capability of insurance companies or other insurance entities
to offer their products or instant quotes on the Company's website or through
the Company's licensed subsidiaries; changes in the Company's relationships
with existing insurance companies, including changes due to consolidation
within the insurance industry; further changes in the Company's relationships
with existing insurance companies, including changes due to consolidation
within the insurance industry; changes in the Company's relationship with
strategic and/or marketing partners; the Company's ability to attract and
integrate new insurance companies and strategic partners; implementation of
competing Internet strategies by existing and potential insurance Company
participants; implementation and consumer acceptance of new product or service
offerings, such as policy fulfillment and other agency based services; the
outcome of litigation in which the Company is a party; implementation and
acceptance of new initiatives; insurance and financial services industry
regulation; competition in all aspects of the Company's business; fluctuations
in operating results; or other unforeseen factors.

INSWEB CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(Amounts in thousands)
(unaudited)

March 31, December 31,
2005 2004

ASSETS
Current assets:
Cash and cash equivalents $7,865 $9,334
Short-term investments 6,476 8,145
Total cash and short-term investments 14,341 17 ,479
Accounts receivable, net 2,246 1,025
Prepaid expenses and other current assets 468 707
Total current assets 17,055 19,211

Property and equipment 686 814
Other assets 421 450
Total assets $18,162 $ 20,475

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:
Accounts payable $1,913 $1,248
Accrued expenses 3,604 3,456
Deferred revenue 65 56
Total current liabilities 5,582 4,760

Commitments and contingencies

Shareholders' equity:
Common stock 7 7
Paid-in capital, less treasury stock 196,642 198,357
Accumulated deficit (184,069) (182,649)
Total shareholders' equity 12,580 15,715
Total liabilities and
shareholders' equity $ 18,162 $ 20,475

com for
more information.

examiners renters

Direct
marketing expense increased in absolute dollars but decreased as a percent of
revenues to 55%.

Auto Marketplace: Mar 31, 2005 Dec 31, 2004 Mar 31, 2004

Auto insurance revenues $4,698 ,000 $3,118,000 $2,736,000
Number of consumers 968,000 635,000 585,000
Revenue per consumer $4.2 million, representing 26
days sales outstanding;
-- Total staff was 107 as of March 31, 2005, compared to 109 as of
December 31, 2004.

In a previous release, InsWeb announced that on March 31, 2005 it
purchased 755,821 shares of InsWeb Corporation common stock, consisting of
531,947 shares held by Nationwide Mutual Insurance Company and 223,874 shares
held by Century Capital Partners, L.

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Revenues for the first quarter increased to $5.2 million, or $0.

authored examiners

InsWeb's net loss for the quarter was $1.30
per share.

insure adjusters

InsWeb Reports First Quarter Results

89 $3.

Other Financial Highlights:

-- Cash and short-term investments at March 31, 2005 were $14. Headquartered in Sacramento , Calif.

New York Life Enhances Its Whole Life Insurance Products

Please keep in mind
that these dividends are not guaranteed. New
York Life Investment Management LLC provides institutional asset
management and retirement plan services.

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In
addition, a new conversion privilege is available on the Dividend Term
Option (DOT) rider.

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We also narrowed our net loss during the
quarter and reduced our cash burn from operations from the fiscal 2004
run-rate.22 $5.3 million;
-- Accounts receivable at quarter end were $2. These shares represented 16% of InsWeb
Corporation 's total outstanding Common Stock and were purchased for
$1. Following these transactions, InsWeb had
4,042,801 shares of common stock outstanding.

About InsWeb
InsWeb enables consumers to compare multiple, actionable quotes for auto,
term life, health, homeowners, renters and condominium insurance offerings
from many of the nation's highly rated insurers.

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46 per share,
in the fourth quarter of 2004 and to a net loss in the first quarter of 2004
of $2.

Business Editors

NEW YORK----

Broader Access to Best Risk Class and New Conversion Privilege Give
Consumers Access to More Permanent Insurance Protection and
Greater Peace of Mind

New York Life Insurance Company today announced new competitive
features to its popular whole life product line. These enhancements will help make whole life insurance a
product that is truly aimed at providing coverage for a consumer's
entire life. Other New York Life
affiliates provide an array of securities products and services, as
well as institutional and retail mutual funds.

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42)

Weighted average shares used in computing
net loss per share - basic and diluted (1) 4,785 4,664

(1) Shares used in the computation of net income loss of common stock are
based on the weighted average number of shares outstanding in each
period.

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(Nasdaq: INSW) today announced results for the first quarter ended March 31,
2005 ., InsWeb is
accessible at http://www. The forward-looking
statements should be considered in the context of these and other risk factors
disclosed in the Company's filings with the Securities and Exchange
Commission.

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newyorklife.