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Insurance News Weekly with Martin Palmer from Friends Life

par News Assurances

In this week's top news, Munich Re announced that it expects to make further writedowns on its holdings of Greek bonds in the third quarter of this year, and Martin Palmer, head of corporate marketing at Friends Life talks about what could be expected in terms of pension prices for the year to come. Already in the second quarter Munich Re was hit by 703 million euros in writedowns, knocking 125 million euros off its bottom-line for that period. However, the reinsurance giant is confident it will remain in profit this year, despite the additional writedowns and this year's major catastrophes. With auto-enrolment being set up, there is much to consider from an employers perspective. Martin Palmer outlines how auto-enrolment will influence how providers provide their schemes. Providers must now focus on how they service clients and on costs efficiency. View all of News Insurances videos here : http://www.newsinsurances.co.uk/toutes-les-videos

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