Swiss Re

BCCI LIQUIDATORS' £850m lawsuit against the Bank of England dramatically collapsed yesterday at the High Court in London bringing a 12-year legal battle to an end, according to this morning's papers.

Surging petrol prices are expected to drive inflation to a fresh eight-year high according to this morning's papers.

Industry sales of protection policies fell across all product lines last year but worst hit was critical illness take-up which fell by almost a third and income protection sales were down a quarter.

Bridging the gap between life cover required and life cover actually in place on both the individual and corporate level will be hugely difficult, according to findings of research into the issue published by Swiss Re.