Swiss Re Group Watch: Group risk grows by 3.1%

The number of people covered by employer-led group risk policies (life assurance, long-term disability income and CIC) increased by 378,062 (3.1%), taking the overall total of members to 12.5 million, the Swiss Re Group Watch 2018 has found. Those included within long-term disability income protection increased by 5%, while the number of members covered by death-in service rose by 3%. Critical illness metrics have shown that the trend has been generally positive, however the overall recorded membership figure for CIC declined slightly because one large arrangement was placed with an i...