Protection business up almost 6% on last year - Gen Re

Adam Saville
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Independent advice channel continuing to write 60% of business
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Independent advice channel continuing to write 60% of business

Half year report findings released

According to Gen Re's Protection Pulse 2018 report, the total annual premium (APE) for the UK protection market up to 30 June 2018 reached £360m - up 5.8% on 2017. ‘The market is continuing to show growth across all segments,' reads the report. ‘If this level of growth continues the market will break the £700 million APE barrier for a calendar year for the first time since Gen Re's monthly Protection Pulse commenced in 2013.' Biggest growth was seen in mortality, which is also the largest product...

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