Poor risk analysis weighs on Dutch disability market


There is trouble afoot in the Dutch partial group disability market. Over the past 18 months, some of the largest Dutch insurers have been retreating from this once attractive class of business after grossly underestimating the risks in the policies they sold.

In late 2012, Delta Lloyd, the sixth largest insurance group in the Netherlands, announced it was withdrawing from the sector after being forced to reserve an additional €60.1 million to cover higher-than-expected claims. Months earlier, A

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