All articles by Ronan Mccaughey

Ronan Mccaughey

Industry veteran assesses possible impact of Ebola on life insurance in the UK

With growing concern about the possible spread of Ebola, Michael Ward, managing director of price comparison website PayingTooMuch.com, has raised the question whether new life insurance policies will cover Ebola and if prices are about to rise.

Malaysian life insurers seek tax incentives in 2015 budget

The Life Insurance Association of Malaysia (LIAM) has called on Malaysia’s government to provide more incentives in the 2015 budget to promote financial planning among Malaysians.

FGL appoints Chris Littlefield as president

Christopher J. Littlefield, the former president and CEO of Aviva USA Corporation, has been appointed president of US-headquartered Fidelity & Guaranty Life (FGL).

ASIC: Higher standards needed for Australia’s life insurance industry

Australia’s life insurance industry needs to improve the quality of advice and ensure that consumers’ are given priority, according to a review by the Australian Securities & Investments Commission (ASIC).

Clements Worldwide to roll out term life product in UK

Clements Worldwide is to offer a guaranteed-issue term life product to customers in the UK.

Group segment powers Colombian life insurance growth

Strong premium growth in Colombia’s life insurance industry in the first eight months of this year was reportedly driven largely by the rapidly expanding group life segment.

Fitch: Rate rise would provide some relief for US life insurers

A small rise in US interest rates would be a modest positive for the US life insurance segment, while a sharper rise in rates combined with rising inflation would have a more mixed effect, according to Fitch Ratings.

The sun rises on Japan’s life sector

Japan is the second largest life insurance segment in the world – behind the US – in terms of gross written premium. In terms of the industry’s outlook between 2012 and 2016 there are several positive trends, according to a report Life Insurance in Japan, Key Trends and Opportunities to 2016, which is available at the Insurance Intelligence Centre.

Full of Eastern Promise

The Philippines has one of the fastest-growing and most promising life insurance segments in Southeast Asia, and the low penetration of life insurance in the Philippines, at 0.96% of the country’s GDP in 2011, provides opportunities for life insurance companies, according to a new report, Life Insurance in the Philippines, Key Trends and Opportunities to 2016, which is available at the Insurance Intelligence Center (IIC).

Embracing change

Gary Shaughnessy became CEO of Zurich’s UK life business in June 2012 at a time of enormous change for UK consumers, intermediaries and employers. In a climate of increased regulation, personal tax complexity and the transfer of health and retirement responsibility onto the individual all taking place at the same time, Shaughnessy tells Ronan McCaughey why change also offers opportunities.