Protection

Legal & General is considering leaving Europe ahead of the introduction of European insurance framework Solvency II, The Telegraph reports.

Aviva has avoided a £0.5m fire damage claim apparently due to the non-disclosure of a bad debt from 2004 worth a few hundred pounds.

Below is the section from the latest RDR consultation paper that applies to pure protection.

Railpen Investments, which manages some £17bn in UK railways pension schemes - has challenged its asset managers, investment advisers and actuaries to prove they are prepared for the long term economic shift necessitated by climate change.

The FSA today says it will not read across the abolition of commission-based sales to the protection market.

The insurance industry is unlikely to take a massive hit from claims arising from the British Airways strike action, says the Association of British Insurers (ABI).

Aegon will extend its adviser training programme on how to better market personal protection into the New Year.

Children from the lower classes are more likely to become obese than peers from wealthier backgrounds, a report has found.

The decision of the Association of British Insurers to drop its earlier opposition to the Law Commission's proposals to reform insurance contract law for personal lines business is good news.

Law Commission proposals on non-disclosure would tighten rules over when an adviser is representing a customer and when they are acting for the insurer.