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Life insurance shows healthy increase in sales volumes

Wednesday, July 7, 2010

A recent survey carried out by the Confederation of British Insurers (CBI) and Price Waterhouse Coopers suggests that the last three months have seen a positive increase in sales of Life insurance, boosting profitability for the industry sector. The recent growth in insurance is the biggest surge seen since the end of 2007, suggesting that more people are looking to secure their assets and future through taking up Life insurance policies.

Both volume and profit increases have been recor ... Read full article

Category: Life Insurance

Is your life insurance policy affected by the planned Axa takeover?

Tuesday, July 6, 2010

Current plans for Resolution Life to take over Axa’s life insurance business will result in a number of consumers seeing their life policies being switched to a new owner. The planned takeover is thought to affect over six million life insurance customers, who currently hold policies with Provident Life, Winterthur, Sunk Life, Provident Life and Equity & Law.

Axa has acquired the brands over the past few years, even if the policies remain under the names of the previous suppliers. Indus ... Read full article

Category: Life Insurance
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