Life Insurance Roundup, May 31, 2016

ClearView to target middle of life insurance market

ClearView Wealth is shifting away from the lower end of the life insurance business because it believes Australians in that market simply aren’t getting any richer. 

4 tips to buy life insurance

Buying an insurance policy has always been a tricky affair. In fact, most people find themselves in a spot while buying an insurance product. But no matter how much you dread these, you cannot ignore them either. 

Chinese bidders vie for ING Life in record South Korea insurance M&A: sources | Reuters

China Life Insurance (601628.SS) and China Taiping Insurance (0966.HK) have expressed initial interest in acquiring ING Life Insurance Korea in a sale that could fetch about $3 billion, two sources with direct knowledge of the deal said on Monday. 

Scots prioritise internet and mobile phones over life insurance (From Herald Scotland)

Scots are more likely to prioritise having internet or a mobile telephone over ensuring financial security if they became seriously ill, according to research. 

ICICI Pru Life Insurance eyes $500-600 mn from IPO: Sources –

ICICI Prudential Life Isurance is planning to raise USD 500-600 million from an initial share sale it is planning in FY17.

Two insurers to stop treating all pot users as smokers as marijuana increasingly accepted | National Post

In a sign of marijuana’s growing normalization in Canada, two major life insurance companies have decided to treat cannabis users as non-smokers, reversing a long-standing policy and offering many of them far cheaper premiums. 

BT life insurance gets A* rating three times in a row for claims and service

The claimant experience is very topical at the moment given the recent mainstream media attention. 

Global life insurance industry is expected to drive the market to a value of $3,249.4billion by the end of 2019 according to new research report – WhaTech

This report is a complete study of current trends in the Global Life Insurance Industry market, industry growth drivers, and restraints. 

Claybrooke Life Insurance Launches Campaign To Make Public Aware Of Massive Need

According to behavioral finance studies, consumers who are confused will invariably put off making decisions. Additional research has shown that this is particularly true for people shopping for life insurance. 

Misconceptions by policyholders diagnosed with HIV

A recent survey by Unusual Risks, found that policyholders diagnosed with HIV still have misconceptions about protection cover. 

A second Zurich Insurance executive has committed suicide – Honolulu, Hawaii News and Weather – KITV Channel 4

The former CEO of Zurich Insurance Group, Martin Senn, has taken his own life just months after leaving the company. 


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s