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IFAs increase share of life protection market

New sales of life assurance policies increased by 25 per cent to 1.37m in 2000 from 1.1m in 1999, according to figures published by Swiss Re Life & Health.

IFAs increased their share of the life protection market to 40 per cent in 2000 from 32 per cent in 1999.

Swiss Re Life & Health UK technical manager Ron Wheatcroft says: “Last year IFA sales were disappointing but it is good to see that the market has now reacted to the very good deals which are available.”

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