Individual Protection

The Prudential Regulation Authority (PRA) has issued its backing for reducing the amount of capital which life insurers have to hold to ensure they can pay out for claims. The regulator was...

Selling the social purpose and the difference the insurance industry makes to everyone's lives to apprentices should be an easy task, the Association of British Insurers (ABI) has said. ABI president and...

Insurers have to work hard to convince consumers they should be handling their personal health data, according to Zurich head of market engagement Peter Hamilton. Hamilton told delegates at the Association of...

HM Treasury has revealed plans to slash Solvency II requirements for insurers that dictate how much capital they must hold and the types of assets they can use. The proposed Solvency II...

Three-quarters of people say clearer use of numbers in insurance would help them to use and understand the sector, according to research for the Association of British Insurers (ABI). The findings were...

AIG is extending its six-month payment flexibility for people who are under financial hardship due to the increasing cost of living. The insurer originally introduced the option to help policyholders cope with...

The Financial Conduct Authority (FCA) has pledged that being given a competitiveness objective will not weaken its oversight of the industry. The regulator also agreed with the Treasury Select Committee of MPs...

Financial Conduct Authority (FCA) executive director for consumers and competition Sheldon Mills says he is “cautious” about using funds gathered from fining firms to pay for regulator or its industry levies. Mills...

Holloway Friendly has launched My Sick Pay - a simplified income protection (IP) proposition with just one product which will replace its existing Purely, short term income protection and one2protect offerings. Advisers...

Royal London is to roll out its Underwrite Later solution to more protection products in the next couple of months following its launch early last year. Underwrite Later enables clients to secure...