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Spotlight on periodical payment orders: How do insurers manage PPO risks?
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Introduced in April 2005, periodical payment orders might not have grown in the volumes some expected, but still pose challenges for general insurers not least due to their similarity to longevity life risks. Post spoke to both insurers and other interested parties to find out how PPOs are being managed in 2022, and what the future might hold for how these claims are handled.
Are periodical payment orders turning general insurers into composites holding both general and life insurance risks? Would it be better for general insurers to ‘transfer’ these risks to life insurersOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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