Life Insurance
03/03/2007
Allianz in Austria focused on growth in 2006
In 2006, the Allianz Group in Austria focused its efforts on the market for retirement provision. "We want to grow steadily and have found the way to do so," says Chairman of the Board Wolfram Littich. The driving force behind this growth was the demand for life insurance. In this market, Allianz has increased its premium volume including savings portions by 10.8 percent to 383.2 million euros, putting it way ahead of its competitors on the Austrian market. In fact, Allianz has increased its market share in life insurance by 12 percent to 5.8 percent.Total premium income has gone up by 2.
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02/28/2007
The Longevity Express is here. People are starting to live longer faster than ever before. Isn't it wonderful? The average age is now around eighty and climbing quicker than the actuarial tables have estimated. People in their fifties and sixties now consider themselves part of the new middle aged. More and more of them are starting to work from home.
Where will it all end? No one knows, but certain scientists are estimating average life spans of well over one hundred in the not to distant future. At this rate people in their seventies may soon consider themselves middle aged.
What are we doing to prepare for this Longevity Express?
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