G.E., Seeking to Spur Growth, Will Sell Many Insurance Assets.

Focuses on a plan by General Electric's plan to spin off most of its life insurance and mortgage insurance business in 2004. The company's struggle to climb back to double-digit earnings growth; Details of the plan, including the sale of a percentage of the independent company to the public; Comments of GE's chief executive, Jeffrey R. Immelt; Observation that the market for initial public offerings seems to be gaining momentum.