Tuesday, June 30, 2009
Swiss Re study sees subdued life insurance premiums
* Life insurance premiums seen subdued or negative in 2009
* Non-life, real premiums seen remaining flat in 2009
* Demand should increase in 2010 along with economy
The global insurance market is likely to remain subdued in 2009 with a recovery only coming in 2010, Swiss Re (RUKN.VX), the world's second-biggest reinsurer, said in a study published on Tuesday.
Swiss Re economists said they expected growth in life insurance premiums to remain subdued in 2009 or even turn negative as turbulent stock markets and gloomy employment prospects hit sales of unit-linked savings products...
Reuters: Swiss Re study sees subdued life insurance premiums
* Non-life, real premiums seen remaining flat in 2009
* Demand should increase in 2010 along with economy
The global insurance market is likely to remain subdued in 2009 with a recovery only coming in 2010, Swiss Re (RUKN.VX), the world's second-biggest reinsurer, said in a study published on Tuesday.
Swiss Re economists said they expected growth in life insurance premiums to remain subdued in 2009 or even turn negative as turbulent stock markets and gloomy employment prospects hit sales of unit-linked savings products...
Reuters: Swiss Re study sees subdued life insurance premiums
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