Axa has blamed higher health claims frequency in the UK as one of the primary factors behind an 8% decline in life and health earnings for 2023. The insurer's full year results...
Read moreZurich Life saw a record-high profit for its life insurance, totalling $2.1bn for 2023, according to its latest results. Life showed business operating profit of $2,060m in 2023, up from $1,487m in...
Read moreInsurance Premium Tax (IPT) raised £6.5bn for the Treasury between April 2023 and January 2024 compared to £5.9bn in the same period of the previous year according to latest HM Revenue &...
Read moreUK businesses will be urged to tackle in-work sickness and stop people from falling out the workforce, following the appointment of Dame Carol Black as the government’s new occupational health tsar. Black,...
Read moreSimplyBiz has launched MyLearning Academy, an online learning portal developed in partnership with Competent Adviser. The academy, available from today (21 February) to all SimplyBiz member firms, offers support on a range...
Read moreAn unnamed insurer has come in for praise from the Financial Conduct Authority (FCA) for highlighting policy exclusions on its website before customers even begin to start applications. In its Consumer Duty...
Read moreCanada Life's closure of its individual protection business cost the insurer C$29m, approximately £17.1m, it has reported. This is according to 2023 financial results for the company's parent Great West Life Co...
Read moreThe Financial Conduct Authority (FCA) has praised insurers for improving propositions to offer new health and wellbeing benefits and widening policy definitions to cover more customers. In its Consumer Duty implementation: good...
Read moreThe Personal Finance Society (PFS) has launched a competency diagnostic tool to identify key areas of training needs to ensure adviser compliance with Consumer Duty. Proficiency+ Consumer Duty was developed in collaboration...
Read moreMercer is bringing health and protection insurers together for a second session with the aim of improving clarity and reporting of environmental, social and governance (ESG) credentials in the sector. Last year...
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