Some of you may recall a Canada Life article saying the gauntlet is thrown - on the back of pensions automatic enrolment (AE) we need to grow the group risk market in terms of employer schemes, as well as premiums and employees covered.
Individual protection sales declined significantly during 2013; Swiss Re has found.
Pension reforms are driving the most prominent changes in group life. Fiona Murphy takes a look at market developments.
The group risk industry has applauded the latest Swiss Re Group Watch 2014 report, which it said ‘demonstrates the market's continued efforts to promote and deliver these highly valued employer-sponsored protection benefits to a greater proportion of...
The overall UK group risk market grows by 2.8% to nearly 11 million people at the end of 2013, according to Swiss Re's Group Watch 2014.
The first year of auto-enrolment has enjoyed low opt-out rates and relatively high levels of compliance. But what does this mean for group risk schemes? Hannah Uttley investigates the impact of AE on the group risk market.
Fiona Murphy finds the individual income protection market is going ‘back to basics' to target consumers
The challenge for protection insurers in today's market is to adapt their approach so products are "bought, not sold", a report by Swiss Re concludes.
Consumers are not thinking long-term and have been turned off by insurance companies due to negative customer experiences, a new report warns.
Group income protection (GIP) hasn't seen a rush as a result of auto-enrolment as yet, but with insurers continually innovating, it could soon be on everyone's radar. Fiona Murphy finds out how the market has performed over the past year and asks about...
Swiss Re has admitted it is in talks over the potential merger of its remaining Admin Re closed life business with Phoenix Group, less than a year after selling the US side of the operation.
While Global premium growth resumed in 2012, European markets have contracted, Swiss Re's latest study on global life insurance has shown.
Nicola Culley examines recently launched individual critical illness plans that typify both poles of the market.
Whole of life sales have plummeted following a change in non-investment linked marketing emphasis among providers, Swiss Re's Term and Health Watch 2013 has shown.
Swiss Re has said the industry is "getting it right" following strong in-force group risk premium growth figures in its Group Watch 2013.
While many in the industry are predicting the end of whole of life, others are questioning how, post-RDR, it can be used to build more holistic cover, Nicola Culley reports.
Reinsurer Swiss Re could be on the hook for $1bn in damages over a life insurance deal agreed with Warren Buffett's Berkshire Hathaway conglomerate, according to reports.
Is it time for intermediaries to look at whole of life cover as more than an Inheritance Tax planning tool and to take a multi-usage approach, asks Jennifer Gilchrist.
Establishing a clear income replacement proposition in time for February's final Review of Simple Financial Products could be "unlikely", Swiss Re has said.
Swiss Re's net income attributable to common shareholders fell by $877m to $83m (2011: $960m) in the second quarter of 2012 owing to a $1bn loss from the sale of the US business Admin Re.
Market surveys are nothing without analysis. Paul Avis finds Swiss Re's latest highlights a few worrying trends in group markets but also a number of opportunities.
The long-term protection market has remained resilient through 2011 despite significant increase in the UK protection gap, Swiss Re has reported.
Swiss Re has reported "strong underwriting, good investment performance and lower than-expected major natural catastrophe claims" for a "very strong first-quarter" net income of $1.1bn compared to a loss of $665m for Q1 2011.
The group life market may be in robust health, but it does face an array of conditions driving change. Edward Murray investigates the developments that lie in store over the next year.