Life insurance
'Outdated' Insurable Interest Bill redrafted for life
Bill broadened to include insurable interest in cohabitants, group schemes and trusts
AIG Life acquires Ellipse
Group life, critical illness and income protection business bought from Munich Re
4.5 million UK dads have no life insurance - Scottish Widows
Fifth admit household would not be financially safe without main income
Ron Wheatcroft: Group life admin cost "far outweighs any tax due"
Swiss Re inputs to OTS consultation and calls for tax exemptions for employers taking out group life assurance (GLA) - should be "extended to include relevant life"
Swiss Re Term & Health Watch: Sales up 11.6% in 2017
Overall increase of 21.1% for critical illness - highest level of growth since 2012
Royal London pays 99.1% of 2017 protection claims
Over half a billion pounds in UK protection claims paid in total
Cost main barrier for customers buying protection
Disconnection between customers' perceived need for protection and industry valuation of products, the State of the Protection Nation report from Royal London has found
AIG Life: Income protection and CIC for cancer survivors
Coverage under YourLife Income Protection and Critical Illness Cover policies available for cancer survivors
People think insurers only pay 34% of protection claims
Trust a problem while nine in 10 Brits in financial danger should serious illness strike and less than a third have life insurance
Paradigm Protect adds Canada Life Individual Protection
Life insurance and life insurance plus critical illness cover now available through directly authorised protection proposition
UnderwriteMe appoints Julie Evans as COO
She will be responsible for technical, implementation and customer support, as well as product management
AIG to offer British Seniors over 50s life
AIG Life will be sole provider of British Seniors life insurance as part of three-year partnership
97.8% of all group and individual claims paid in 2017
'Record-breaking' £5bn in total pay-outs for protection industry last year and £1.6bn paid out for group risk, according to ABI and GRiD
National Friendly launches over 50s Guaranteed Life Assurance
£20 to £100-a-month premiums to cover funeral costs, clear debt and leave money to family
Zurich pays out 97% of 2017 protection claims
Paid life claims reached 99% and mental health most common reason for IP pay-out
Swiss Re Group Watch: Group risk grows by 3.1%
Long-term disability income increases following years of decline
Simon Jacobs: Terminal illness - Confusion for some, financial lifeline for many
After his firm paid out 24% of life claims early as 'terminal illness' benefits in 2017, Aegon UK's Simon Jacobs helps clarify the policy
Old Mutual Wealth paid 100% of life claims (again)
94.6% of critical illness claims paid in 2017 by wealth manager
Cavendish Online adds Luke Barber to develop comparison business
New business development manager will take responsibility for growing white label service
Scottish Widows Protect adds UnderwriteMe
Personal life insurance and critical illness products now available to advisers via online application service
80% believe life claims should be paid in full to non-disclosing smokers
Less so if cause of death is heart attack or lung cancer
More than half of women do not have financial protection
Almost half of UK households risk losing up to £25,000 a year should a female member aged 25 - 45 lose their income
60% of UK women with dependent child have no life cover
Research from Scottish Widows also shows only 13% of mums have a critical illness policy
ONS: Average marriage age up from 35 to 37.5
People marrying later potentially more exposed to IHT and financial pitfalls
