Swiss Re

Few people recognise the huge challenge of funding long-term care that faces them as greater responsibility is handed over by the State, warns Swiss Re.

The reinsurer has reported an increase in sales of new term assurance, critical illness and whole life insurance in 2009, while income protection sales fell. However, the ‘Protection Gap' has widened further.

The group life and long-term disability markets shrank last year according to Swiss-Re.

Swiss Re has said the insurance and reinsurance sectors will continue their "U-shaped" recoveries in 2010 alongside the major global economies.

Swiss Re says the insurance and reinsurance sectors will continue their "U-shaped" recoveries in 2010, alongside the major global economies.

Re-Insurer Swiss Re has released its review of the insurance industry which highlights consumer's demands for increased simplicity and clarity.

Swiss Re believes the insurance and reinsurance sectors will continue their "U-shaped" recoveries in 2010 alongside the major global economies.

After much talk of a generic industry-wide protection campaign it seems the ball has started rolling. Paul Robertson explains the what it hopes to achieve and how it may impact the industry.