Swiss Re: Group risk grows 3.6% during pandemic year

The Swiss Re Group Watch 2021 report has found that employer-sponsored group risk policies increased to just over 81,000 during 2020, an increase of 3.6% on 2019 figures. Set against the emergence and proliferation of the Covid-19 pandemic, the number of people covered overall grew by over 150,000 (1.1%) to 13,317,249 by the end of last year. The number of members of long-term disability income policies (LTD) grew 6.6% year-on-year, while lump sum death-in-service polices fell by 0.5%. The number of members of dependants' death-in-service policies also continued to fall, down 7.3% yea...