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Employee Benefits Magazine - £1.5bn paid in group risk claims in 2016

By Katie Scott 9 May 2017

Nearly £1.5 billion was paid out by the group risk industry over 2016, up £100 million on 2015, according to research by industry body Group Risk Development (Grid).

The research, which is based on claims data from Grid’s provider members, also found that 24,925 claims were made in 2016 for group life, group income protection and group critical illness.

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