All articles by Verdict Staff

Dominant life sector major part of Swiss economy

Government regulations and the nature of Swiss consumers helped the Swiss life segment continue growth throughout the Eurozone crisis, according to the Life Insurance in Switzerland report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Under-achieving Greek insurance industry continues to stagnate

High levels of unemployment, lack of consumer awareness and large reductions in disposable income has seen the underdeveloped Greek insurance industry suffer further setbacks since 2008, according to the Life Insurance in Luxembourg report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

LII 293, March 2014

Life sector records growth as Danish economy recovers

The Danish life segment recorded growth rate of 3.7% between 2008 and 2012, partly thanks to strong penetration rate, which has been largely due to the country’s increasing life expectancy, according to the Life Insurance in Denmark report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Life sector records substantial growth despite tough conditions

Luxembourg’s life segment recorded a 17.7% growth rate between 2008 and 2012 mainly due to a large increase in demands for individual products, according to the Life Insurance in Luxembourg report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Towers Watson rolls out RiskAgility FM

Towers Watson has launched a new financial modeling software product, RiskAgility FM, for life insurance companies across the world.

Standard Life reports drop in fiscal 2013 profit

Standard Life Financial has reported a net income of C$236m in fiscal 2013, a sharp decline from C$428m last year, reflecting lower benefits of one-off items.

Swiss Life reports rise in fiscal 2013 profit

Swiss Life has reported a net profit of CHF784m ($882m) in fiscal 2013, compared to CHF99m ($111.4m) last year.

Sun Life plans to relocate corporate headquarters

Sun Life Financial is set to relocate its corporate headquarters, consolidating employees located in two downtown Toronto offices into a new office at One York Street.

CHOICe rolls out new online policy revival service

Canara HSBC Oriental Bank of Commerce Life Insurance Company (CHOICe) has launched an online service that enables customers to revive their policies.