2007 life risk claims stats revealed
Mainstream life risk insurers paid a combined total of $2.098 billion in claims last year, according to a survey conducted by the risk store.
The research revealed that an average of $8.39 million came from AIG, AMP, Asteron, Aviva, AXA, CommInsure, ING, Macquarie, MLC, Tower and Zurich every working day during 2007.
Of the total amount, $211 million went to total and permanent disablement claims, while $245 million went to trauma payments.
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