Long term care (LTC) insurance products will remain niche in spite of a growing need unless people are forced to buy them, the OECD said.
Ageas Protect has seen strong growth protection business in the first quarter of the year but reported a pre-tax loss.
New cases for the Financial Ombudsman Service(FOS) soared by 26% in the year to March 31 2011, driven by a record number of complaints about PPI mis-selling.
Groupama has revealed it is poised to relaunch a product while also actively seeking partnerships with hospital networks to add to its private medical insurance (PMI) offering.
Aegon is to launch a series of underwriting seminars, running from 14 June until 5 July, at numerous locations across the UK.
The government has given the green light to reforms which will mean insurers, not consumers, have the responsibility to provide all information regarding underwriting risk.
Aviva has said 85% of its new business value is unaffected by changes brought on by the RDR.
The British Insurance Brokers' Association (Biba) has withdrawn its private medical insurance (PMI) scheme for members to remove a clause that handed all currently held business to its partner Jelf.
ALC Health has increased the annual limits of its Premier, Classic and Ibérica plans in its Prima range.
Prime Minister David Cameron has promised to make ‘substantive changes' to the NHS reforms currently before Parliament.