A new Swiss Re report shows there was a global gain in the life insurance sector, despite only slight economic improvement. Swiss Re, the global reinsurance company, has recently released a report that has shown that the global life insurance industry had managed to gain momentum in 2014, even though the economic situation saw only the slightest growth.
The total number of direct premiums that were written increased 4.3 percent.
This is particularly notable following the trend in 2013, in which the total number of direct premiums written had fallen by 1.8 percent. Advanced markets were shown, in the Swiss Re report, to have seen a notably stronger level of performance. Read more at Live Insurance News....
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