Redundancy Insurance

Sandtree

dunstonh said:

but I feel they’re cashing in on this too by increasing by huge amounts.

Most companies have pulled out of the market and stopped offering cover.   If its that profitable, why would they all be doing that?

To play devils advocate.... capital

I would imagine the amount of capital that's required to be held for this kind of business must have gone up massively no matter how great you think your risk selection mechanisms are. Its therefore not purely a question of can the business be written profitably but do you have/do you want to use the capital against it at this point in time? 

There are plenty of other products where big names have pulled out because capital requirements dont fit with their strategies despite the business being profitable - arguably even more profitable now theres less competitors.