Insurer

Friends Life has revealed it is developing a simple protection product to target new distribution methods.

(Updated) Friends Life is to separate its open and closed books of business as part of parent company Resolution's UK Life project.

Bright Grey and Scottish Provident have reported steep falls in new protection business over the first half of the year.

LV= is to continue sponsorship of the LV= Cup competition for a further four years.

LV= has revealed its protection new business increased 16% over the first six months of the year compared with the same period of 2010.

Insurance and pension brands fare the worst in financial services, research from brand agency Uffindell has found.

Aviva's leap up the blue-chip index has ignited further market speculation that at least two insurers could be mulling over a possible approach worth 575p a share valuing the insurer at £14.8bn.

Friends Life has announced its senior protection management team which will control the single protection proposition to be launched later this year.

The majority of brokers feel penalties for insurance fraud should be higher and have called for a central database of fraudsters, research has found.

Buyout vehicle Resolution expects to have £500m of excess cash to return to shareholders over the next 12 months after completing its work examining the cash and capital position of Friends Life, its new proposition formed from the merger of Friends Provident...