Mortality projection models are in need of a radical overhaul to ease insurers' funding problems and give them confidence when pricing future retirement income solutions, an influential new report argues.
Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).
Avelo Exchange has added Engage Mutual's guaranteed 50 plus life cover plan to its service becoming the first to do so in the intermediary market.
Aegon has increased its medical underwriting limits for its life and critical illness (CI) protection proposition.
More than half of those with life cover fail to upgrade after significant changes in their circumstances, according to Sainsbury's Life Insurance.
Gay people are taking out higher sums assured for life insurance, according to new research.
Legal & General has raised its medical evidence limits for life and critical illness (CI) cover.
Insurers must pay life insurance claims in four weeks following the ABI's decision to slash its guidance time for the process.
I treat life and critical illness as fairly commoditised products for perfectly healthy people aged under 35. Can I do more to help them in this area?
Cuna Mutual Group has announced a deal to distribute LV='s term life assurance to its network of building societies.