Life/Health/Critical illness

Prudential Say New Business Life Profits Up by 17%

Prudential issued a statement to investors today that life insurance new business profit rose 17% in the first nine months of the year, reflecting higher sales and more favourable economic conditions. In a statement via the London […]

Insurance Brokers

Ascentric Upgrades Bespoke Software for Insurance & Investment Advisers

Ascentric, part of the Royal London group, is offering advisers a new enhanced client reporting service which enables advisers to create bespoke, branded client reports using detailed transactional data feeds from the Ascentric platform. Partnering […]

Investment

Aviva Acquires Friends First Life in £116m Deal

The latest news from Aviva; Aviva plc announces that it has reached an agreement to acquire Irish insurer Friends First Life Assurance Company dac (“Friends First”) for a cash consideration of €130m (£116m). As a […]

Artificial Intelligence

FSB Warns on Impact of Artificial Intelligence

The Financial Stability Board (FSB) published a report yesterday that considers the financial stability implications of the growing use of artificial intelligence (AI) and machine learning in financial services. Financial institutions are increasingly using AI […]

No Picture
Life/Health/Critical illness

Insurance execs encouraged by long-term prospects

Insurers and brokers have painted an optimistic picture for the sector, with a majority predicting strong growth over the next five years and a surge in the prospects of life/critical illness and health insurance lines. […]