Universal life insurance was invented in Holland in the 60s of the last century. One-year renewable life insurance contracts were widely used to hedge against risk at that time....
The main reason people get life insurance is to compensate for the loss after death of your income to support your family. If you have life insurance, the money will go to provide for your family after your death, writes North Norfolk News....
The total amount of payments for the risk of death from Covid-19 made by British insurance companies was £202 million last year, it equated to the average daily payment of £553,000....
The 2020 Covid-19 risk claims received by UK insurance companies are valued at £2.5bn, and the amount on business interruption risk is £2bn....
The British insurance company Aviva and the French CNP Assurances are actively negotiating the sale of Aviva's life insurance divisions in Italy. The Internet resource UkrStrakhovanie learnt this from the Bloomberg message....
According to the observations of Luminor bank and ERGO insurance company, millennials or the generation at the age between 20 and 40, buy life insurance most often, writes Delfi.lv....
The second pandemic lockdown was used by most Britons to analyze and, if necessary, reconsider their own finances. As the Internet resource UkrStrakhovanie informed with reference to the report of the British Aviva, almost half of respondents conduct...
The EU is currently reviewing the Solvency II European guidelines, the Forinshurer website reports....
Covid-19 has sparked renewed interest in life insurance after five years of declining sales in the UK, Cover Magazine reports citing consulting firm Salisbury House....
According to study by the Royal London insurer, the men’s coverage is 65% higher than women’s, The Irish Times writes....
EU insurance rules should promote innovation and enable consumers, companies and new market players to take advantage of the opportunities that digitalization can offer, Law360 writes....
Covid-19 has inspired many people worldwide to reconsider their financial habits. The experts are confident that some people will be more careful with their expenses, but will stop saving on life insurance, as the policies have proved their reliabili...
The Covid-19 pandemic consequences for insurers will be like a "meteorite impact," said Allianz Chief Executive Officer Oliver Bäte. He stated this in his interview with Bloomberg....
Fitch Ratings changed forecast of London insurance market from stable to negative due to growing concern about the consequences of COVID-19 outbreak, writes Forinshurer....
According to market participants, the coronavirus pandemic will not lead to the economic recession in the European Union....
The international rating agency Fitch Ratings revised the forecast for the UK life insurance sector reducing it from “stable” to “negative”....
The Insurance Europe Insurance Association has published statistics on the results of insurers' activity as of 2018, Delo.ua reports....
The volume of premiums collected by German life insurance companies grew by 11.3% over the years, Handesblatt reports with reference to the German Insurers Association....
The BBVA de Pensiones-Mi Jubilación Institute has conducted a baby boomer study. This generation includes people born between 1957 and 1977 in Spain. According to the survey, 20% of 42–62-year-old Spaniards have difficulty paying monthly bills, 37...
Ultra-low interest rates will affect the solvency and profit of European insurers. The analysts of Moody's Investors Service have come to this conclusion in the latest report....
