Swiss Re: Group risk policies rose 4.1% in 2021

Swiss Re's annual report of group protection policies showed that the total number of in-force group risk policies rose 4.1% year-on-year from 81,055 in 2020.  Throughout 2021 the amount of people covered rose to 14,106,854, an increase of 5.9% from 13,317,249 in 2020. The number of members of long-term disability income policies (LTDI) grew 4.6% year-on-year, while notably lump sum death-in-service polices grew by 6.9% from the previous year. Meanwhile, the number of people covered by a group critical illness policy rose 5.9% between 2020 and 2021. However, the most drastic res...