Variable annuities - VAs: Local knowledge is vital

The importance in understanding the customer behaviour when launching products in new markets was emphasised by participants in a panel discussion at the insurance risk management summit conference, hosted by Life & Pensions in London last month.

With a large number of US and European-based insurers looking to capitalise on their success in local markets with launches in Asia in 2008, Jorg Sauren, senior insurance risk officer at ING group, warned that calculating sensitivities over the value of

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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