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Employee Benefits Magazine - 12.5m people covered by group risk schemes in 2017

Nearly 12.5 million individuals were covered by group risk schemes at the end of 2017, according to research by Swiss Re.

Its Group watch 2018 report, which is based on data collected from 16 product providers in the group risk market in the UK, 18 employee benefits consultancies and one independent consultant, also found that 378,062 more people became members of group risk schemes by the end of 2017 compared to 2016, representing an increase of 3.1%.

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