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As 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...

Sabrina 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...

LV= paid out almost £152m and approved 95% of claims in 2025 – up from £137m and on par with the 95% figures in 2024. The approval rate for life insurance claims...

The general insurance sector can learn from their protection peers’ example with progress made on claims disclosure. But protection providers should go even further by publishing the average time taken to pay...

More consumers are concerned about protecting their mortgage than 12 months ago but rising household costs are forcing many to cancel their protection policies or reduce their level of cover, research from...

Employee 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,...

The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have proposed that captives be excluded from Consumer Duty requirements. The proposal features in the bodies’ consultation on a tailored and...

Bupa has promoted Jo Paice to the newly created role of chief operating officer (COO) of Bupa Health Services. The provider told Health & Protection Paice’s appointment will support the joining up...

The Spire Healthcare takeover saga took another turn today when the chairman quit the private hospital and clinic operator to join Anglian Water. Sir Ian Cheshire will step down by the end...

Perci 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...