Individual Protection

LV= has seen profits from its protection business soar 350% year-on-year, according to the group's financial results for the year to 31 December 2021. The results reveal trading profit from LV='s protection...

Wallace Dobbin is to step down as chairman of The Exeter after 14 years in the role. The friendly society revealed Dobbin, who was appointed in July 2008, has chosen to step...

Andy Watson is to succeed Derek Netherton as chairman for the UK of Canada Life. Watson, currently a non-executive director at Canada Life Limited, has been appointed, subject to regulatory approval. He...

Arthur J. Gallagher has acquired Montreal-based compensation consulting firm PCI-Perrault Consulting for an undisclosed sum. Founded in 2001, PCI specialises in total compensation and governance for organisations throughout Canada. The firm advises...

The Great Resignation saw vacancy rates in the UK reach a record high of almost 1.3 million in January as many people sought roles with flexible working practices or new employment in...

AIG Life has updated and cut the cost of optional child cover on its term assurance with critical illness (CI) plan. The insurer has returned to the maximum sum and percentage method...

Protection insurance planning could come under greater scrutiny from customers as a result of chancellor Rishi Sunak's failure to properly address the country's cost of living crisis, advisers have warned. They also...

Britons will suffer their biggest fall in living standards on record during the next 12 months, the Office for Budget Responsibility (OBR) has predicted. And the agency warned that living standards may...

The National Insurance Contribution (NIC) lower threshold will be increased by £3,000 in July to bring it into line with the Income Tax personal allowance lower limit. However, the move has been...

UK inflation hit a 30-year high of 6.2% in February as measured by the consumer prices index (CPI), up from 5.5% in the previous month. Insurers have warned that the duration of...