Protection

General insurance brokers could be hit with a £20m bill from the Financial Services Compensation Scheme (FSCS) and a further £40m hike next year as the fallout from payment protection insurance (PPI) continues.

Health Assured has unveiled a new employer centred private medical insurance (PMI) policy.

Friends Provident reported a 2% increase in life and pension sales for its international business in 2009, to £465.2m, compared to the previous year.

Clive Cowdery's insurance investment vehicle Resolution is expected to soon unveil plans for a further acquisition in the UK life space after Friends Provident reported a 13% drop in 2009 sales.

Oval Healthcare is now including Best Doctors in its proposition.

Zurich UK's protection sector led the way as its Life business grew by 6% last year, taking the total value of new premiums (APE) to £501m.

Take five minutes to have your say on how you see the industry and your fortunes progressing over the next year.

Axa has grabbed six out of 12 industry awards nominations for its contribution to the protection sector.

Confidence levels in the protection industry are increasing, according to a Legal & General (L&G) survey.

In the first of his exclusive new series, Kevin Carr looks at the ups and the downs this month in the protection industry.