Abbey Protection Plc this week posted its results for the first half of 2008 with profit up 17% on year and revenues up 8% on year.
Profit for the period ending 30th June 2008 was ￡2.82 million, or 2.81 pence per share. This is an increase of 17% compared to first half profit in 2007, […]

Omega Insurance Holdings Ltd has reported its first half results, posting a pre-tax profit of $24.5 million on revenues of $118.7 million.
The Lloyd’s of London insurer reported profit after tax for the six months ending 30th June of $21.78 million, or $0.14 per share. This is a 34% increase compared to the first half […]

Research commissioned by Friends Provident warns that the credit crunch could have a dramatic impact on the nation’s health.
The Britain Under Pressure report suggests that almost 29 million people in the UK, or nearly two-thirds of adults, feel more stressed, less fit and healthy, and more prone to illness than they did three years […]

Global insurer and risk advisor Marsh has targeted homes undergoing refurbishment with its latest specialist home insurance product, which will offer a greater degree of protection.
Typical home insurance products often exclude protection during times of substantial refurbishment.
In cases where normal products do offer some coverage, it is usually only partial, leaving the homeowner vulnerable to […]

White Mountains Insurance Group has announced the appointment of Jeff Davis as senior vice president and chief actuary of White Mountains.
In addition to this Davis will also take on the roles of executive vice president and chief actuary of White Mountains Re Ltd.
For the last three years he has served as head of central reserving […]

Steve Donovan has been appointed by Heath Lambert to the post of group marketing director.
Donovan has held a range of senior positions in the industry, and brings with him over two decades of experience.
During his career he has worked for firms such as BUPA, AXA and Sedgwick, acquiring experience in employee benefits, risk management and […]

Legal & General has introduced Annuity Plus, a new, innovative annuity designed to plug a gap in the market.
As an alternative to conventional annuities, Annuity Plus is a fast track underwritten annuity which utilise five common health risks in order to ascertain the annuity rate.
Because of this, an individual could see a 12% uplift, compared […]

Which?, is once again on the offensive over Payment Protection insurance (PPI), which is sold alongside secured and unsecured loans to cover repayments if the borrower is off work because of illness or unemployment.
The consumer group claims that hundreds of thousands of Britons have bought PPI because they were under the impression that their card […]