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.
The provider's protection sector saw a 26% increase, while its overall UK Life business earned a £181m profit. Peter Hamilton, protection management director at Zurich, was pleased with the figures and put the surge down to a variety of factors. "The market probably had reasonable end of year because consumers are more open to protection market," he said. "I expect us to have a better year than most others across the whole market. We've been doing much more training of IFAs and so more people will have been made aware of us over the last 12 months. It's been more brokers using us m...
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