Insurer

Aviva is to stop offering direct investment and protection advice for its customers from 31 May.

The general insurance sector has made major strides to improve its role in protecting the public interest, according to a new report by the Chartered Insurance Institute.

Aviva is to cut more than 6% of its global workforce with 2000 roles across the UK, Europe and Asia being made redundant.

LV= paid out 95% of underwritten protection claims in 2012. This includes 99% of life cover claims, 91% of critical illness claims, 88% of income protection claims, and 98% of unemployment claims.

Health Shield has announced gross annual premium income of over £25 million after a year of organic growth.

Clive Waller ponders the necessity of claims statistics if insurers are to be taken seriously.

Industry experts are calling for the formation of a specialist trade body to fill the need in the protection industry for a unified voice.

The Consumer Insurance Act has been heralded as simply codifying current best practice within the insurance market. This does not reflect the fundamental change to pre-contract disclosure brought about by this legislation, abolishing the consumer's duty...

A near-25% rise in UK protection sales helped drive an increase in profits for the Royal London group in 2012.

Insurers could be facing an increase in declined claims as the complexity of health problems rises, according to the London School of Hygiene and Tropical Medicine.