Every year in April the two most important surveys for the Group Risk industry come out: Swiss Re’s ‘Group Watch’ shows how the Group Risk market is performing which informs insurers; while the GRID claims statistics survey shows how the Group Risk industry is performing from an adviser, employer and employee perspective.

The UK Group Risk market – even more employees and premiums but, continuing a theme, still too few employer customers purchasing group risk benefits

American International Group (AIG) and Munich Re in June 2018 announced that AIG Life Ltd. (AIGLL), a UK subsidiary of AIG Life & Retirement, has agreed to acquire Ellipse, a specialist provider of group life risk protection in the UK, from Munich Re. Ellipse’s group protection products, which include life, critical illness and income protection, along with its technology-enabled business model with high levels of straight through processing (STP),

Swiss Re 2017 Group Watch – and now for the bad news! Why is it that insurers are never happy? An additional 4.5% increase in employees covered and 3.8% increase in premiums means that at the end of 2016 we insured 12,029,790 people and £2.106bn in premiums.

Every year in April and July, the two most important surveys for UK Group Risk Insurers come out. Swiss Re’s Group Watch shows how the Group Risk market is doing, while ORC International’s Group Risk Survey shows how the industry is performing from an adviser and customer perspective.