Positive Q1 for protection: iPipeline

According to the provider, the annual premium equivalent (APE) is up 17% year-on-year and new business has also increased across this period, up 4%. The iPipeline data showed that the rise in APE was driven by a 77% rise in "other" forms of cover. The provider also reported a 92% rise in underwritten whole of life products, it cited mitigation of inheritance tax (IHT) as a reason for this rise. IHT receipts for April 2025 were at £800 million - £97m higher than the same period last year, showing an increase in the scale and commonality of IHT liabilities. Paul Yates, product str...