Protection

Now the credit crunch is here, everyone has hindsight and is lamenting, "How on earth could lenders be so risky in extending credit more and more to those who present a poor risk?"

Zurich has boosted its mortgage and family protection offering by updating its underwriting system.

Mental health problems including anxiety and stress were the biggest cause of Group Income Protection (GIP) claims in the UK in 2007, research suggests.

Industry not shocked by new ICOB rules but some classification issues raised

A much misunderstood area, phobias can make sufferers' lives unbearable. Rachel Hanslope outlines the various forms phobias can take and details the implications for underwriters.

Outlook 2008

Unum has announced a number of significant changes to its Group and Voluntary Critical Illness (CI) products.

The FSA has targeted payment protection insurance (PPI) failures in its new Insurance Conduct of Business sourcebook (ICOBS).

AXA has revised its rates on a number of protection products by cutting prices on 41% of premiums with an average reduction of 3%.