Insurer

A strong 2011 has seen Legal & General's (L&G) risk division deliver solid performance with operating profit of £561m (2010: £560m).

Munich Re has claimed "a good start to 2012" and is aiming for a profit of around €2.5bn, its annual report states.

Aviva has seen its UK protection business grow amid strong overall performance from its life insurance and pensions business.

Ageas Protect has confirmed its new management structure, with Darren Spriggs replacing Martin Werth as managing director.

Over 20 million Britons believe they could survive for up to six months on ‘emergency' funds despite half having less than £1,000 available in accessible savings.

Bupa has become the second insurer to give further clarity about its complaints levels, suggesting providers may want further details to be published by the Ombudsman to put figures into a wider context.

PruProtect has said it is "bullish" about the future for the protection market and that it is aiming to be a major player in the UK market.

The private medical insurance (PMI) market's two biggest players have seen a rise in the number of complaints escalated to the Financial Ombudsman Service (FOS).

Any move abroad by Prudential is "unlikely" to affect either PruProtect or PruHealth, COVER understands.

PruProtect has announced a significant rise in new business premiums and the number of lives it now covers.