Bearing fruit

The group critical illness (CI) market has, surprisingly, not suffered a bout of depression over the past 12 months, but, instead, has enjoyed a fruitful year while its counterpart in the individual sector has made most of the headlines. According to the latest statistics by Swiss Re, premiums in force as of 31 December 2005 amounted to £28,191,708, while, 12 months later, the premiums totalled £34,798,472 – an increase of £6,606,764. The reinsurer's findings also show the number of schemes in effect as of 31 December 2006 as being 1,884. This is an increase from the previous year, which s...