The FCA conducted a thematic review to assess how firms were operating their investment-based life insurance product closed-books and to determine if they were treating their closed-book customers fairly. This paper sets out how the FCA conducted its review, key findings and expectations for firms.
Should the Government exploit the success of auto-enrolment by increasing savings amounts or extending it to include life and protection insurance? In this CII Thinkpiece, Nick Hurman, FCII Chartered Insurer explores the issues.
Wynsure is an end-to-end multiline insurance system. A major insurer asked Mphasis Wyde to prove Wynsure’s ability to handle a very large policy database, covering 40 million individual policies. This case study assesses the results and impact upon renewals, issuance and endorsements.
This document is intended to provide a “Guide of Good Practice” for life insurance companies and financial advisers in ascertaining the tax residence status of policyholders, as now required under UK law.
Download this demo video to see how Anaplan’s cloud based business modeling and planning platform can empower life insurers to plan, collaborate and act in real-time. Topics covered: 'what if' scenario based planning; measuring growth and expected revenue; reviewing trends by product line.
Aon Benfield’s study of global life and accidental death catastrophe covers aims to allow insurers to better understand reinsurance purchasing patterns and to benchmark retention, quantity and price within countries and versus global peers.
The protection need is the amount of money required by dependents to cover expenses and maintain a reasonable lifestyle, following the death of a member of the household. Focussing on Singapore's life insurance market, this paper evaluates the country's protection gap and the role of insurance.
This ABI quarterly consumer survey looks at consumer behaviour, mainly in relation to life and general insurance products, as well as attitudes towards savings and financial resilience. Topics covered: young drivers; motor telematics; social care; income protection and insurance fraud.
On May 31st, the Office of the Commissioner of Insurance released provisional statistics of the Hong Kong insurance industry for the first quarter of 2012. The statistics cover: gross premium trends; underwriting results by business line; reinsurance results plus life & annuity premium trends.
Maturity a must - Indian insurance regulator approves regulations for public offerings by life insurance companies
The insurance market in India has seen rapid growth and development since 1999, when it was opened up to private investment. However, foreign direct investment remains limited at 26%. In December 2011, new regulation allowed Indian life insurers to go public. This article explores the implications.