Business as usual

There are too many hard-luck stories at the moment, especially in the protection market with its continual squeezes and declines, so it is a small, good thing to be able to look at a product gaining in popularity. That product is group income protection (IP) which has been steadily increasing in take-up. That is according to the statistics gleaned from Swiss Re's 'Group Watch 2009' which reports almost continual rises in the number of lives covered by the product: 1,556,829 in 2004, 1,684,030 in 2005, 1,731,138 in 2006, 1,723,961 in 2007 and then 1,757,365 in 2008. Overall, between 2007 a...