Individual Protection

Munich Re has seen its quarterly profits fall by 45%, causing the group to revise downward its annual profit forecast.

Cirencester Friendly experienced total income growth of 5.2% from £16.7m in 2014 to £17.6m in 2015, its 126th Annual Report and Accounts have shown.

Income protection sales increased by 10.7% during 2015 according to Swiss Re's Term and Health Watch 2016.

Protection adviser Drewberry Insurance has launched a new risk tool for consumers to help them understand how exposed they and their families are to financial troubles caused by losing an income through ill health.

Adviser firm Vita shares the experience of a 40 year old client who was diagnosed with breast cancer. When Mrs Duncan took out additional critical illness cover, she never thought she would ever make a claim and discusses the support she received when...

Scottish Widows has published its protection claims statistics, which show that more than £219 million was paid out in life and critical illness claims in 2015, equating to an average of more than £4 million per week.

Steve Casey and Peter Thomas are no longer with AIG Life as the insurer revealed it has created a new distribution structure which includes the appointment of ex-Friends Life's Mark Anders.

Royal London's UK protection businesses paid 98% of all claims received and made payments totalling more than £250m in 2015.

Old Mutual Wealth has appointed Ed Peck to lead its UK distribution team in the South West, with Russell Bignall taking the helm in the North West region.

A record £3.6bn was paid last year in individual protection insurance claims, the equivalent of £10m a day, according to research from the Association of British Insurers (ABI)