Confidence rising in Life Insurance sector
According to the latest CBI/PwC Financial Services survey, confidence in the Life Insurance sector is on the rise, along with overall business volumes, since the Retail Distribution Review (RDR) was introduced.
Jonathan Howe, PwC’s UK insurance leader said: “It’s a really positive review for life insurers. Optimism is at a high, and they have seen a large upsurge in business volumes for a second successive quarter. Confidence is now at the highest level since the introduction of Retail Distribution Review (RDR) one year ago.