Archive

  • UK life firms' matching adjustment benefit drops to £66bn

    25 April 2023

    Analysis of 2022 year-end reports by Insurance Risk Data

  • Royal London achieved extra capital benefit in 2022 from MA usage

    12 April 2023

    But the insurer's solvency and financial condition report shows TMTP gave far higher capital benefit

  • Royal London sales up 12% in 2022, completes with-profits consolidation

    08 March 2023

    UK mutual exits over-50s life insurance market as reinsurance costs increase

  • UK moves to prevent demutualisation, but capital plan stalls

    28 October 2022

    Proposal for mutuals to issue share capital put out for review

  • UK Solvency II reforms warmly welcomed by life insurers

    22 February 2022

    The changes would include cuts to the risk margin for life insurers of 60-70%, while capital held by life insurers could be slashed by 15%. Paul Walsh and Cintia Cheong get the market's reaction

  • LV and Royal London merger talks crumble

    09 February 2022

    We have different mutual models, says LV

  • Seamus Creedon appointed interim chair at LV as Royal London talks continue

    07 February 2022

    Former KPMG consultant will overhaul the board after failed Bain Capital sale

  • Bain's acquisition of LV rejected, Royal London reapproaches

    10 December 2021

    MP calls for review of mutuals law

  • ABI names Hannah Gurga as director general

    10 November 2021

    Baronesses Nicky Morgan and Dianne Hayter will also take on senior leadership roles

  • Aviva names Andrea Montague group CRO

    21 September 2021

    Jan-Hendrik Erasmus had been Aviva's group CRO until July, but has since left the insurer