The Prudential Regulation Authority (PRA) has launched a consultation on making amalgamations and transfers of friendly societies easier to complete. The regulator wants to improve the clarity and accessibility of Part VIII...
Read moreHealthHero has told Health & Protection it has successfully completed the refinancing required to provide the business with the “significant financial headroom” to pursue its strategic growth ambitions. The refinancing closed in...
Read moreFinancial education, making protection a ‘national priority,’ and keeping on with Keeping Britain Working should be prioritised by the UK’s new prime minister. The long held goal of tax incentives to encourage...
Read moreUK regulators are looking to replicate measures typically in place around the world in their approach to captive insurance for employee benefits, according to trade body Grid. The body was also reasonably...
Read moreAs few as 40 organisations out of a possible maximum of 850 will use the new UK captive regime, according to estimates from the Financial Conduct Authority (FCA) and Prudential Regulation Authority...
Read moreSabrina Lane is to succeed Nicky Bray as chief underwriter for Zurich Life upon her retirement this autumn. Bray (pictured), chief underwriter for the past 13 years, joined Zurich as senior underwriting...
Read moreEmployee benefits such as group life and health insurance schemes will only be permitted on a reinsurance basis under the UK’s new captive insurance regime with another primary insurer being required. Meanwhile,...
Read morePerci Health has been added to WTW’s supplier list as a specialist provider of cancer prevention, risk and screening services. This enables employers to offer their employees access directly to the firm's...
Read moreVitality has appointed Adam Murphy (pictured, right) as group chief finance officer. Murphy will oversee finance functions across all Vitality's international operations including the UK, US, Asia and in our partner markets,...
Read moreAdvisers operating in the health and protection insurance industries will not now be charged with funding the regulator’s advice guidance boundary review (AGBR). Fee rates for advisers will also be trimmed slightly...
Read more