- ‘So far, insurers are trying to differentiate their offerings away from savings and more towards non-life and protection products, which do not compete directly with banks’
Laura Perez Martinez, European insurance analyst at Moody’s Investors Service.
- ‘Over the past fi ve years the missed opportunity in the middle market for life insurers has grown signifi cantly, and our latest estimate is that it has reached $10.2trn’
Terence Martin, director at Conning Research & Consulting.
- ‘The life industry is doing a fairly good job of repositioning itself as a financial planning business, and VAs are a huge part of the equation’
Steve Wiesbart, vice president and chief economist of the Life Insurance Institute.
- ‘Smaller, domestically focused life insurers will remain under strong pressure to consolidate, through merger or absorption into larger general insurance or bancassurance groups’
ITEM Club Outlook for Financial Services.
- ‘We created the barometer study to provide an annual snapshot of evolving consumer attitudes. our hope is that the broader industry will use these insights to help address the crisis of underinsurance’
Robert Kerzner, president and CEO of LIMRA.
- Should insurance companies agree to implement the code, how it is monitored
will be crucial to its success’
Kevin Carr, chief executive of Protection Review.
Most read online articles of this month
1. Foreign insurers fl ock to Vietnam
2. UK life insurers sheltered from Eurozone crisis
3. Cambodia to get first life insurance company
4. MAS highlights protection gap in Singapore
5. An overcrowded growth market
6. China’s life market ends 2011 on stronger note
7. Rothesay Life piles on deals in UK risk transfer market
8. Asia’s diminutive powerhouse
9. Country review: South Africa
10. Gary Shaughnessy appointed CEO of Zurich Life
11. Life industry growth goes into reverse
12. HSBC Insurance rolls out early critical care plan