Zurich protection up 26% as UK Life grows steadily

clock

Zurich UK's protection sector led the way as its Life business grew by 6% last year, taking the total value of new premiums (APE) to £501m.

The provider's protection sector saw a 26% increase, while its overall UK Life business earned a £181m profit. Peter Hamilton, protection management director at Zurich, was pleased with the figures and put the surge down to a variety of factors. "The market probably had reasonable end of year because consumers are more open to protection market," he said. "I expect us to have a better year than most others across the whole market. We've been doing much more training of IFAs and so more people will have been made aware of us over the last 12 months. It's been more brokers using us m...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Individual Protection

Cover Excellence Awards: Intermediary shortlists revealed

Thursday 10 October, The Brewery, London

Cover
clock 12 August 2019 • 1 min read

How the Apollo 11 crew obtained their life insurance

50th anniversary of moon landing

Adam Saville
clock 19 July 2019 • 1 min read

CII chief issues call for Insuring Women's Futures ambassadors

‘Talk to 10,000’

Adam Saville
clock 04 July 2019 • 1 min read