Nearly a third of consumers believe the economy will worsen in 2010, research by the Association of British Insurers (ABI) suggests.
The current rules and regulations surrounding retirement income are ‘not fit for purpose' according to the ABI.
Bupa has revealed critical illness non-disclosure resulted in only 2% of payout refusals between January and September 2009.
While applauding the ABI's latest on Total and Permanent Disability, Ian Jefferies says Critical Illness cover needs innovation if sales are to improve
Tom Baigrie's pan industry protection consumer advertising concept has stalled. Paul Robertson précis Baigries' report on the reasons why
Pensioners who take the open market option (OMO) are around 50 times as likely to benefit from an enhanced annuity as those sticking with their pension provider, ABI figures have revealed.
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).
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.
The ABI has finalised its guidance on changes to total premium disclosure.