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More than 1,000 more protection policies were sold in the second quarter of 2024 compared to a year ago, but the market remained significantly below its 2023 level, according to Gen Re....

Membership of private medical insurance (PMI) has grown by more than 11% for a third consecutive year, according to data from providers. Health & Protection’s third Individual PMI report found providers were...

The Protection Distributors Group (PDG) will tell the Financial Conduct Authority (FCA) that it believes the protection market “works well“ and that indemnity commission “supports distribution“. The trade body said it will...

The Financial Conduct Authority (FCA) will be conducting a review into the operation of the pure protection market including commission structures including loaded commission and the shrinking insurer market. It is also...

A breakdown of Financial Conduct Authority (FCA) value measures data on insurance products shows healthcare cash plans to be leading in almost all categories measured by the regulator. Out of more than...

Three in four advisers think an enhanced terminal illness definition is a feature customers value highly enough to pay more for, according to research by Guardian and IPipeline among 345 advisers this...

A sale for collapsed insurer DeadHappy is expected to be completed in September after an offer was accepted from a firm operating in the life insurance sector, according to administrators Evelyn Partners....

Insurers need to up their game in compiling product target market statements as they are too broad and vary widely in terms of detail, but so too should the Financial Conduct Authority...

The Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) products as “examples of poor practices that could cause customer harm”. It...

The Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products where it has material concerns about providing fair value. The regulator said...