- ‘So far, insurers are
trying to differentiate their offerings away from savings and more
towards non-life and protection products, which do not compete
directly with banks’
Laura Perez Martinez,
European insurance analyst at Moody’s Investors Service.
Go deeper with GlobalData
- ‘Over the past fi ve
years the missed opportunity in the middle market for life insurers
has grown signifi cantly, and our latest estimate is that it has
reached $10.2trn’
Terence Martin, director
at Conning Research & Consulting.
- ‘The life industry is
doing a fairly good job of repositioning itself as a financial
planning business, and VAs are a huge part of the
equation’
Steve Wiesbart, vice
president and chief economist of the Life Insurance
Institute.
- ‘Smaller, domestically
focused life insurers will remain under strong pressure to
consolidate, through merger or absorption into larger general
insurance or bancassurance groups’
ITEM Club Outlook for
Financial Services.
- ‘We created the
barometer study to provide an annual snapshot of evolving consumer
attitudes. our hope is that the broader industry will use these
insights to help address the crisis of underinsurance’
Robert Kerzner,
president and CEO of LIMRA.
- Should insurance
companies agree to implement the code, how it is
monitored
will be crucial to its
success’
Kevin Carr, chief
executive of Protection Review.
Most read online
articles of this month
1. Foreign insurers fl
ock to Vietnam
2. UK life insurers
sheltered from Eurozone crisis
3. Cambodia to get first
life insurance company
4. MAS highlights
protection gap in Singapore
5. An overcrowded growth
market
6. China’s life market
ends 2011 on stronger note
7. Rothesay Life piles
on deals in UK risk transfer market
8. Asia’s diminutive
powerhouse
9. Country review: South
Africa
10. Gary Shaughnessy
appointed CEO of Zurich Life
11. Life industry growth
goes into reverse
12. HSBC Insurance rolls
out early critical care plan
