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Service

Service

Zurich boosts profits 7% on corporate wrap growth

Insurer Zurich has reported a 7% increase in profits or the first half of the year.

clock 16 August 2012 •

RDR

'There are other ways': Euro parliament rethinks commission ban

The European parliament is set to reject a ban on commission to independent financial advisers (IFAs) when it votes on MiFID II next week.

clock 02 July 2012 •

Service

Insurers revamp capital sums to prepare for SII

More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte has said.

clock 20 June 2012 •

Service

PruProtect offers 30% free life cover and reprices IP

PruProtect will be offering 30% free life cover free for new Serious Illness Cover plan policyholders and has re-priced its income protection product.

clock 20 June 2012 •

Service

Aegon to double direct to consumer sales by 2015

Aegon is set to tell investors and analysts that it aims to double the percentage of sales it makes directly to customers (D2C) to about a third by 2015, according to reports.

clock 19 June 2012 •

Investment

Equitable Life savers 'dissatisfied' after payout delays

Eight in ten Equitable Life savers who were promised compensation are unhappy due to ongoing delays receiving their payments, a survey suggests.

clock 15 June 2012 •

Service

Zurich puts 90 jobs at risk across UK life operation

Zurich plans to make 90 redundancies from its UK life business as part of cost cutting measures in light of the challenging economic environment.

clock 31 May 2012 •

Regulation

Insurance broker banned for misleading regulator

The Financial Services Authority (FSA) has banned a self-appointed insurance broking director from performing regulated functions after he "misled" the regulator and acted dishonestly.

clock 22 May 2012 •

Regulation

Prudential set to name chairman after five-month head hunt

Insurer Prudential is set to name Paul Manduca as its next chairman after a five-month search to replace Harvey McGrath, the Telegraph reports.

clock 21 May 2012 •

Individual Protection

Life companies now just 'admin machines', says E&Y's Kerr

A number of large insurers face being killed off by the onset of the Retail Distribution Review (RDR) as they are "running out of proposition", a director at Ernst & Young has said.

clock 17 May 2012 •
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