All articles by Verdict Staff

Taiwanese life sector records strong growth in tough conditions

The Taiwanese life insurance industry grew consistently between 2008 and 2012, despite a decline in general annuity and low interest rates, according to the Life Insurance in Taiwan report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Finnish life sector grows but overall market remains small and unappealing

The life sector makes up over 80% of the overall insurance industry, but the ongoing recession, low interest rates and lack of foreign interest leave the industry struggling, according to the Life Insurance in Finland report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

LII 292, February 2014

Life sector dominant in steady Swedish insurance industry

Life insurance makes up 73.7% of Sweden’s overall insurance industry, which recorded small growth between 2008 and 2012, according to the Life Insurance in Sweden report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Foreign-led life sector shows signs of growth

Foreign companies own over 80% of the country’s life insurance premium shares, and an increasing working population plus new distribution channels are anticipated to boost the industry, according to the Life Insurance in Hungary report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Tata AIA Life launches new income protection plan

Tata AIA Life Insurance Company has launched a new offering, MahaLife Magic which provides income protection along with better returns.

BankDhofar launches cardless cash withdrawal service in Oman

Oman-based BankDhofar is launching a new cash withdrawal service that does not require consumers to use cards at ATMs, as part of its strategy to develop and implement new banking solutions.

EQUOTE introduces Indexed Universal Life Insurance

Online life insurance broker EQUOTE has launched a new policy system, Indexed Universal Life Insurance or IUL that provides an added security as well as a new investment opportunity with optimal growth.

American Fidelity to implement FastTrack’s Life Waiver Tool

American Fidelity Assurance Company has selected FastTrack RTW Services & Solutions’ Life Waiver Tool (LWT) product to automate several medical and administrative tasks concerning the waiver of premium claims.

Lion Street launches new Multi-Life Design Center

Lion Street has launched new Multi-Life Design Center (MLDC) to support multi-life insurance sales for executive benefit companies and traditional life insurance professionals.