Legal & General paid a total of £441 million combined death and critical illness claims in 2011, up from £373 million in 2010 and a new record for the firm.
Aviva paid more than £439m to its life and critical illness (CI) customers in 2011, a total of 99%, making payments for 10,495 life claims and 1,568 CI claims.
Group Risk Development (Grid) has released the first ever full set of collated claims figures from the group risk industry.
Legal & General has made a series of amendments to its group critical illness product including coverage for more illnesses.
The imminent introduction of auto-enrolment looks set to trigger increased investment in employee benefits, according to research from Group Risk Development (Grid).
The government is seeking to cut half a million people from the disability benefits list when the Personal Independence Payment (PIP) is introduced.
The Reinsurance Group of America (RGA) is once again issuing its set of popular Top Trumps-style cards designed to help demystify critical illness (CI).
Britain will be facing a bill of more than £15bn a year to diagnose and treat cancer in ten years time, new research has suggested.
Bad lifestyle choices such as smoking, poor diet, high alcohol intake and excess weight are responsible for ‘around 40% of all cancers', according to new research.
Employers underestimate the importance of the benefits they offer staff after new research revealed half of employees would move jobs for better benefits.