Tag: insurance sector

Philippines insurance industry to grow throughout next year

G. Turner
Philippines insurance industry growth

SunLife predicts that the sector will keep up its expansion throughout 2014 to continue the trend. According to the top SunLife Financial executive in the Philippines insurance industry, that sector will be continuing its solid growth throughout 2014, following four consecutive years in which that was already the case. The announcement was made as a part of a broader statement regarding the firm’s predictions. According to Riza Mantaring, the chief executive and president of SunLife in the region, it is not easy to be able to maintain such a considerable…

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Satmetrix benchmark study reveals loyalty leaders in American insurance industry

Julie Campbell

Net Promoter software company, Satmetrix, which is the customer experience program marketplace leader, has released its 2012 Net Promoter Industry Benchmarks for 22 different industries, including the insurance sector. As a whole, the study was broader than it has been in previous years, involving the participation of over 30,000 American consumers who provided their rating feedback about over 200 brands across the various industries. The benchmarks that it creates are based upon the survey responses from consumers across the United States who rated their various experiences with the top brands…

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Insurance executives concerned for the future of the insurance sector, says KPGM report

Nordstrom

Optimism for the business conditions for the insurance industry in the U.S. is beginning to expire, according to a new report from KPGM, an audit, tax and advisory firm. The report shows that many of the nation’s highest ranking insurance executives are growing pessimistic of the conditions governing the insurance sector. These executives claim that conditions are worse now than they were a year ago and may gradually grow worse as the global economy shows signs of ailing. One of the major challenges facing the industry, notes KPGM, is the…

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