Insurer

The Consumer Insurance (Disclosure and Representations) Act 2012 has received its royal assent and will come into force next year.

The Association of British Insurers (ABI) has welcomed many of the changes revealed in today's budget, despite the fact they will have little direct impact on the insurance industry.

Aviva has appointed Ian Ferguson to the role of chief underwriting officer for intermediary and partnerships with responsibility for driving the focus on underwriting across the broker channel whilst delivering profitable growth.

The chairman of the All-Parliamentary Group on Insurance and Financial Services, Jonathan Evans MP, has been confirmed for the insurance strand as Incisive Media's brands collaborate to bring analysis of George Osborne's Budget Statement.

Aviva paid more than £439m to its life and critical illness (CI) customers in 2011, a total of 99%, making payments for 10,495 life claims and 1,568 CI claims.

A deputy governor of the Bank of England has launched an outspoken attack on new European regulations that he warns could create further financial crises.

Incisive Media's impressive range of brands serving the financial services sector will be collaborating to bring the very best analysis of George Osborne's Budget Statement at 3pm.

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.