While economies worldwide are grinding to a halt the success seen in the strength of sales from Group Life Insurance policies could not come at a better time. Peter Carvill examines the reasons for this Click here to download pdf (PDF, 4,467KB)
It is nice to see someone - or something - doing well, especially in times like these when everything else seems to be faltering, or failing and being bailed out. It is also nice when someone - or, again, something - bucks the trend around it. In this case, both apply to sales of Group Life Insurance. Sales of the product have been increasing for at least the last six years, according to figures obtained from Swiss Re. The reinsurer's Group Watch 2008 stated that the value of in-force premiums has, since 2003, been thus: 2003, £711.6m; 2004, £743.8m; 2005, £816.9m; 2006, £863.4; and 2007,...
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