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The Association of British Insurers (ABI) has announced plans for a fresh approach to the savings and life insurance markets after declaring it was "devoting too much of its time" to historic issues.
Aegon has said it will leave life company trade body the Association of British Insurers (ABI) at the end of the year, and instead lobby the government and regulators directly.
Aegon is to delist from the London Stock Exchange (LSE) next month as the benefit does not justify the cost, the insurer has announced.
Gary Shaughnessy, head of Fidelity's retail business, is leaving the firm to become chief executive of Zurich's UK life business.
Resolution is preparing a "self-managed" exit from Friends Life in 2014 that would see the company split between a fit for purpose life company and a closed life fund consolidator.
Bupa has become the second insurer to give further clarity about its complaints levels, suggesting providers may want further details to be published by the Ombudsman to put figures into a wider context.
PruProtect has said it is "bullish" about the future for the protection market and that it is aiming to be a major player in the UK market.
The private medical insurance (PMI) market's two biggest players have seen a rise in the number of complaints escalated to the Financial Ombudsman Service (FOS).
Any move abroad by Prudential is "unlikely" to affect either PruProtect or PruHealth, COVER understands.
PruProtect has announced a significant rise in new business premiums and the number of lives it now covers.
With less than a year before the ECJ ruling on gender discrimination comes into effect, there is still confusion as to how insurers should respond, according to specialists.
The strain of the payment protection insurance (PPI) mis-selling scandal shows no sign of slowing as figures from the FSA show redress payments surged to a new monthly high in December.
British consumers feel the insurance industry lags behind others in how it addresses their needs and have given their strongest hint that greater simplicity would be welcomed.
Ageas continued its protection market growth and halved its pre-tax loss in 2011.
Phil Jeynes warns that removing components from simple products may mean weaker cover for clients.
Holloway Friendly Society paid 96.2% of its income protection claims in 2011, up from the previous twelve months 95.5%.