Monthly Archives: March 2011
Goodbye Permanent TSB! The €4 billion recapitalisation now required per today’s stress testing announcements means the nationalisation of Irish Life and Permanent. We will now be left with 2 banking groups, AIB and BOI, both owned by the State. This … Continue reading
In 2010 life assurance companies saw significant increases in death claims, paid out more on suicide claims and had a dramatic increase in the proportion of income protection claims which related to depression, stress, etc.
The recession is taking a heavy toll on our lives and our health. Good Financial Housekeeping suggests that the protection of the family finances against death and illness during recession is even more important than in normal times. Continue reading