BRIGHTON, England — The Pensions Regulator (TPR) launched a public consultation Tuesday on a new code of practice for multi-employer Collective Defined Contribution (CDC) schemes, …
M&A Activity Spikes in UK Life Market as Consolidators Target HSBC Life Asset Pools
LONDON — UK-based insurance consolidator Chesnara plc has finalized the integration of a substantial legacy life insurance portfolio from HSBC Life (UK), signaling a broader …
ABI 2026-2028 Strategy Pivots Toward Health Prevention and Proactive Financial Resilience
LONDON – The Association of British Insurers (ABI) unveiled its 2026-2028 strategic roadmap on Tuesday, marking a fundamental shift for the UK life insurance sector …
Mortgage Arrears Drive Demand for Integrated Critical Illness and Living Benefits Cover
LONDON — Rising mortgage arrears across the United Kingdom are driving a significant shift in the insurance market, as homeowners increasingly prioritize "living benefits" and …
SME Owners Pivot to Relevant Life Plans as Tax-Deductible Solution to Rising Corporate Costs
LONDON – Small and medium-sized enterprise (SME) owners across the United Kingdom are increasingly adopting "Relevant Life" plans to secure life insurance coverage while offsetting …
Aviva Hits Financial Milestones Early While L&G Leads FTSE 100 with 8.25% Yield
LONDON – British insurance giants Aviva PLC and Legal & General Group PLC (L&G) signaled a robust period for the UK life insurance sector on …
OpenAI Greenlights First Wave of Specialized Insurance Apps for UK Underwriting and Service
LONDON — OpenAI has officially approved the first suite of specialized artificial intelligence applications designed for the United Kingdom’s life insurance sector, marking a pivotal …
UK Farmers Turn to Life Insurance to Hedge Against New Inheritance Tax Liability on Estates
LONDON — British farmers are increasingly securing specialized life insurance policies to protect family holdings following the government’s decision to cap Agricultural Property Relief (APR), …
Surge in Whole-of-Life Policy Inquiries as Families React to Upcoming Pension Tax Raid
LONDON — Financial advisory firms across the United Kingdom are reporting a sharp increase in inquiries for whole-of-life insurance policies as families react to the …
FCA Intensifies Scrutiny of Protection Commissions as 58% of UK Adults Remain Uninsured
LONDON — The Financial Conduct Authority (FCA) has launched a comprehensive market study into the UK’s £4 billion protection insurance sector, investigating whether commission-driven sales …