Private healthcare spending soars as long-term lack of NHS funding bites – IPPR
Demand and willingness to pay for private healthcare are growing rapidly in the UK as short-term pressures combined with a...
FCA rejects guided PMI for staff as it reduces ‘choice and convenience’
The financial services regulator has rejected the option of introducing an insurer guided private medical insurance (PMI) staff benefits policy...
Swiss Re’s IptiQ adopts beneficiary nomination service avoiding trusts
Swiss Re’s IptiQ protection insurance technology provider has adopted a beneficiary nomination technology which aims to remove the need for...
LifeSearch slams non-advised brokers for poor customer outcomes and pressures insurers to monitor industry
Advice firm LifeSearch has published a report which strongly criticises broker firms operating a non-advised human sales process and those...
Spire completes £425m refinancing deal with ESG terms
Spire Healthcare has completed a £425m refinancing deal which includes a sustainability-linked element tied to environmental and quality factors. The...
Scottish Widows doubles protection business and targets top three place by 2025
Scottish Widows doubled its protection new business income last year and has set an ambition to become the third largest...
FCA concerned personalisation of insurance will exclude people from risk pooling
The Financial Conduct Authority (FCA) has admitted it is concerned about the possibility of people being excluded from insurance as...
PRA endorses capital requirement changes for life insurers
The Prudential Regulation Authority (PRA) has issued its backing for reducing the amount of capital which life insurers have to...
Treasury slashes Solvency II rules for life insurers and includes IP in matching
HM Treasury has revealed plans to slash Solvency II requirements for insurers that dictate how much capital they must hold...
Three-quarters of consumers want clearer numbers from insurers – ABI
Three-quarters of people say clearer use of numbers in insurance would help them to use and understand the sector, according...
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