Investment and wealth management firm M&G has appointed LV’s protection managing director Clive Bolton as chief executive of its life insurance business.

Zurich has relaxed its life insurance underwriting following restrictions introduced last year.

Life insurance claims rose by 17% in 2020 at protection provider Aegon.

Over 6,000 life, critical illness and income protection customers have received payments from protection provider Zurich in 2020, a rise of 23% on the previous year.