Whole of Life

A Swiss Re report examining the accuracy of mortality projection models includes several interesting facts about life expectancy. Here are a few of our favourties from that report (plus a few others from elsewhere).

Mortality projection models are in need of a radical overhaul to ease insurers' funding problems and give them confidence when pricing future retirement income solutions, an influential new report argues.

Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).

Avelo Exchange has added Engage Mutual's guaranteed 50 plus life cover plan to its service becoming the first to do so in the intermediary market.

Aegon has increased its medical underwriting limits for its life and critical illness (CI) protection proposition.

Assureweb has added a whole of life quotation portal to its service.

Income protection (IP) sales have continued to slide despite an overall rise in the volume of term assurance products sold, according to Swiss Re.

Gay people are taking out higher sums assured for life insurance, according to new research.

Legal & General has raised its medical evidence limits for life and critical illness (CI) cover.

Giant re-insurer Swiss Re will buy 300,000 in-force life policies from American Life Insurance Company (Alico).