Aviva

Aviva group chief executive Andrew Moss has allegedly revealed that the firm may consider offers worth around £1bn for its US life assurance business, according to reports in the FT.

Private medical Insurers (PMI) have endorsed the Office of Fair Trading referring the UK healthcare market to the Competition Commission and said they will take an active part in investigations.

Adviser's use of company extranets for protection business may have peaked, research has found.

The world of financial adviser trade associations is currently in a state of flux.

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.

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.

Aviva has reviewed its occupational classes, resulting in 95% of new clients being offered own occupation for income protection (IP) it has also moved its non-medical limits.

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

Less than one in five parents take out life cover to protect their finances in case of them dies, according to new research.

COVER is proud to announce that Aviva, LV=, PruHealth, PruProtect and Simplyhealth are sponsoring its new website.