A new report from Swiss Re Institute has found that the UK Life & Health (L&H) insurance market is performing on par with other global advanced markets, but has more work to do in improving accessibility and affordability factors.
The Life & Health Insurance Inclusion Radar report, a new project from the reinsurer, analyses 16 advanced and emerging global markets across three dimensions of inclusivity: the Availability, Accessibility and Affordability of L&G insurance, referred to as the 3A's. Overall, the UK L&H market was rated 0.61 for its aggregate inclusion score, where a score of 1 represents a high level of inclusion and a score closer to 0 infers a lack of inclusion. The UK rating was above the average global score of 0.53, but below the average score for advanced markets (0.65). It ranked fifth of the ...
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