News

British Friendly has launched its new brand today to represent the innovation and modernisation it has undergone as a business over recent months.

Aegon increased its protection sales in the UK by 18% according to the insurer's QI results.

Royal London Protection Intermediary sales increased by 37% to £147m, according to the insurer's new business results for the 3 months ending 31 March 2016.

Legal & General paid 96% of all group protection claims in 2015, worth a total of £266m - representing almost a fifth (18.88%) of the industry total of £1.4bn.

Govt plans to make significant changes

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.