All articles by Verdict Staff

Verdict Staff

Impressive recovery from the financial crisis boosts the Norwegian insurance industry

The Norwegian life sector registered consistent growth between 2008 and 2012, despite tough economic conditions, partly thanks to robust growth registered in the individual and group life categories, according to the Life Insurance in Norway report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Competitive Cypriot life sector hit by 2012 collapse

The Cypriot life sector had remained solid during Eurozone debt crisis, until huge declines in the banking sector caused by substantial losses from Investments in Greek bonds in 2012, according to the Life Insurance in Cyprus report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Stuttering Bulgarian life sector faces testing times

A fragile economy and predicted declines in population, due inadequate employment opportunities leading to emigration from the country, suggests a tough future for Bulgarian life segment, according to the Life Insurance in Bulgaria report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

AIG rolls out new Elite Index II life insurance product

American International Group (AIG) has launched Elite Index II, a new cost-effective universal life insurance that provides clients with a greater opportunity for growth.

FCA to probe into life policies of UK insurers

The Financial Conduct Authority (FCA) is seeking to probe the selling of 30 million financial policies between the 1970s and 2000.

Chesnara reports rise in 2013 profit

Life and health insurer Chesnara has reported a rise in fiscal 2013 pre-tax profit, on IFRS basis, by 208% to £60.6m, compared to £19.7m last year.

China Life Insurance reports rise in 2013 profit

China Life Insurance has reported a rise in fiscal 2013 net profit by 124% to CNY24.77bn ($4bn), compared to CNY11.06bn ($1.8bn) last year.

Allianz Life Insurance adds index allocation on Allianz Life Pro+ policy

Allianz Life Insurance Company of North America has launched a new index allocation on the Allianz Life Pro+ Fixed Index Universal Life (FIUL) Insurance Policy, offering improved services to the clients.

Max Life Insurance adds new unit-linked child plan to portfolio

Max Life Insurance has introduced Shiksha Plus Super, a new a unit-linked policy focused on child education and career.