ABI

Earlier this week the Chartered Insurance Institute (CII) released a report declaring the public was massively disconnected from the reality of long-term care (LTC) costs.

PruProtect has called critics of its desire for protection to be made compulsory as being "defeatist" and argued that the need is "very clear".

PruProtect has called for protection insurance to be made compulsory and said it is already seeing signs of advisers switching to protection to anticipate the Retail Distribution Review (RDR).

The Association of British Insurers (ABI) this week revealed that nine in every ten claims made under a critical illness (CI) policy in 2010 was paid by the insurer.

Critical illness (CI) and life insurance claims payments reached almost £2bn last year, according to figures published by the Association of British Insurers (ABI).

Peter Gould discusses the issues clients face when trying to get the most from their retirement income.

The insurance industry made a total contribution of £10.4bn to the Exchequer, a report from the Association of British Insurers (ABI) and PWC has revealed.

A proposals to delay the RDR by 12 months to give financial advisers more time to meet its rules appeared, initially, to receive a mixed response.

An insurance fraud police unit is to be set-up, paid for through a police-private sector partnership.

Businesses are seeing budgets stretched in many ways, but, as Owain Thomas found, advisers who are creative with solutions could produce a windfall for themselves in the group critical illness market