Underwriting Focus 2015, No. 2
Issue: November 2015 |
By Ross Campbell, Life/Health Chief Underwriter, Research & Development, London
Annika Tiedemann, Life/Health Underwriting Manager, Cologne
Dr. Åsa Beijer, Underwriter, Cologne
Birgit Jenssen, Senior Underwriter, Cologne
Hanna Könen, Senior Underwriter, Cologne
Sandy O'Mahony, Chief Underwriter, Cape Town
Jogging, swimming, football, mountaineering, aviation, diving – different kinds of sports with various risks. About 25% of all accidents recorded in recent years were due to sport activities. Physical inactivity, on the other hand, can lead to an increased risk of coronary heart disease, diabetes mellitus and cancer. Underwriters in life insurance companies need to distinguish between a sport that supports health and an extreme sport that puts the participants in danger of death and disability.
This edition of Underwriting Focus provides an introduction to extreme sports and healthy physical activities. Subsequently, we focus on individual sports – such as mountaineering, diving and aviation – to demonstrate how to assess hazardous sports in underwriting and to show how the underwriting guidelines have been constructed accordingly. The picture will be rounded off with case examples and best practice recommendations.
Browse the Contents in this publication.