An in-depth look at the 2016 Group Risk Market

Every year in April and July, the two most important surveys for Group Risk Insurers come out. Swiss Re's ‘Group Watch' shows how the Group Risk market is doing, while the ORC International's Group Risk Survey shows how the industry is performing from an adviser and customer perspective. The market now covers 11,513,425 people and is worth more than £2bn in annual premiums - a 3.6% increase on last year's figures. Disappointingly however, there are only 71,166 schemes in place, and with some employers having up to five different group risk schemes, increasing the number of new-to-m...