UK Solvency II reforms warmly welcomed by life insurers

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

We have different mutual models, says LV


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

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


Bain's acquisition of LV rejected, Royal London reapproaches

MP calls for review of mutuals law


ABI names Hannah Gurga as director general

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


Aviva names Andrea Montague group CRO

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


UK insurers reveal climate change readiness in SFCRs

Some divulge extent of rise in claims from climate stress-tests


Operational resilience final rules in UK are "fundamental shift" for insurers

The rules are due to become effective on 31 March 2022


Royal London's profit plummets as annuities business kicks off

Approval pending for matching adjustment portfolio


Mutuals' deferred shares could have saved LV= from demutualising

With the British life insurer planning to demutualise with the £530m sale of its business, Cintia Cheong talks to AFM chief Martin Shaw about the prospects for the mutual sector in the UK