Israel’s economy is booming

Low unemployment, high economic growth and advanced high-tech industries are the key factors spurring growth.

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IMF Global Financial Stability report has a warning for China

Beijing's borrowing is expanding at a much faster rate than the growth of the economy.

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Life insurance: Policy lapses

Why do customers let life policies lapse?

The lapsing of term insurance products tends to be the highest. One reason for this is policyholders’ feeling that they no longer need death protection. Over 20% of life insurance policies lapse after payment of the first year of premium. A recent study by IRDA (the Insurance Regulatory and Development Authority) categorises some of the reasons for...

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