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Munich Re has seen its quarterly profits fall by 45%, causing the group to revise downward its annual profit forecast.

Latest Treasury figures

Cirencester Friendly experienced total income growth of 5.2% from £16.7m in 2014 to £17.6m in 2015, its 126th Annual Report and Accounts have shown.

Income protection sales increased by 10.7% during 2015 according to Swiss Re's Term and Health Watch 2016.

Protection adviser Drewberry Insurance has launched a new risk tool for consumers to help them understand how exposed they and their families are to financial troubles caused by losing an income through ill health.

Almost two-thirds of protection experts have said that the use of E-signatures will have a positive impact on protection sales, according to a poll.

Scottish Widows has published its protection claims statistics, which show that more than £219 million was paid out in life and critical illness claims in 2015, equating to an average of more than £4 million per week.

Steve Casey and Peter Thomas are no longer with AIG Life as the insurer revealed it has created a new distribution structure which includes the appointment of ex-Friends Life's Mark Anders.

UK health insurance costs are anticipated to grow by 6.5% in 2016, the largest increase in five years, according to Willis Towers Watson's 2016 Global Medical Trends report.

Royal London's UK protection businesses paid 98% of all claims received and made payments totalling more than £250m in 2015.