LV= has paid out over £12m in Coronavirus-related claims to more than 1,400 life, critical illness and income protection insurance policyholders and families since the start of the pandemic.

Aviva has appointed Canada Life CEO Doug Brown as its new CEO for UK & Ireland Life Insurance.

Aviva has announced in its latest interim report that it will pay out a dividend of nearly a third less than it did before the Coronavirus pandemic.

Insurers paid £90m over 7,000 life insurance claims to the families of people who died due to the Coronavirus pandemic between 1^st March and 31^st May 2020.