Canada Life International targets wider market

Canada Life International targets wider market...

The portfolio bonds from Canada Life International (CLI) have halved the minimum single and additional investment amounts and increased the maximum age of the youngest life assured by 10 years.

Published : 26, Sep 2017
Adviser recruitment under scrutiny in Singapore

Adviser recruitment under scrutiny in Singapore...

In a bid to curb mis-selling and provide a framework for how advisory businesses can recruit from rival firms, Singapore’s Life Insurance Association (LIA) is reviewing its policies and is planning to issue new guidelines.

Published : 25, Sep 2017
Levy to hit Hong Kong life insurance

Levy to hit Hong Kong life insurance

Insurance policyholders in Hong Kong will be hit with a rising levy on premiums from 1 January 2018, the special administrative region’s new Insurance Authority (IA) has confirmed.

Published : 22, Sep 2017
AIA pays $2.4bn for Aussie and New Zealand life insurers

AIA pays $2.4bn for Aussie and New Zealand life...

The Commonwealth Bank of Australia has sold its life insurance businesses in Australia and New Zealand to AIA Group for A$3bn (£1.8bn, $2.4bn, €2bn).

Published : 21, Sep 2017
Life companies should engage more with legacy clients

Life companies should engage more with legacy...

International life companies could do more to protect their legacy business through actively engaging with these clients, says Philip Penrose, director and head of UK and international sales for Coram Asset Management.

Published : 20, Sep 2017
Foreign insurers forced to meet Malaysian 70% ownership cap

Foreign insurers forced to meet Malaysian 70%...

Insurance companies in Malaysia are looking to sell just under a third of their local businesses to comply with a 70% cap on foreign ownership.

Published : 20, Sep 2017
Online insurer ZhongAn eyes life market

Online insurer ZhongAn eyes life market

Online-only insurer ZhongAn Online Property and Casualty Insurance is planning to offer life insurance and healthcare products to accelerate growth after going public in Hong Kong.

Published : 19, Sep 2017
Analysis: Reasons to be cheerful for offshore bonds into UK

Analysis: Reasons to be cheerful for offshore...

As the headlines focus on the twists and turns of the Brexit talks, is there reason to be cheerful about offshore bond sales into the UK, and could there even be a renaissance for this long-standing HM Revenue & Customs-approved tax wrapper?

Published : 18, Sep 2017
Insurers in passporting rights plea to chancellor

Insurers in passporting rights plea to chancellor...Lock icon

Potential problems making pension and insurance payments post Brexit has prompted one member of parliament fight for clarity and the life industry pledge to engage with HM Treasury and EU partners to resolve passporting issues ahead of March 2019.

Published : 18, Sep 2017
Bullish life company chiefs reject 'death' dig

Bullish life company chiefs reject 'death' dig...

The cross-border life industry is in rude health but focusing on technology and change to stay competitive, according to three top executives speaking at International Adviser's Fund Links Forum.

Published : 15, Sep 2017
 Winners of International Adviser Life Awards 2017

Winners of International Adviser Life Awards 2017...Lock icon

The International Adviser International Life Awards 2017 were announced on Thursday at London’s The Langham Hotel during a dinner held after our flagship life industry conference, the Fund Links Forum.

Published : 14, Sep 2017
Drive out badly behaved, life companies urged

Drive out badly behaved, life companies urgedLock icon

International life companies must help the industry improve by driving out people who are not behaving properly, a senior asset management figure told International Adviser’s Fund Links Forum on Thursday.

Published : 14, Sep 2017
Are life companies finished?

Are life companies finished?Lock icon

The future of international life companies is “pretty well finished”, the chief executive of Novia Global told International Adviser’s Fund Links Forum on Thursday.

Published : 14, Sep 2017
Sales hit possible for IoM life cos when fee disclosure starts

Sales hit possible for IoM life cos when fee disclosure...Lock icon

Isle of Man life companies are already planning for a possible sales dip as major changes for IFAs are expected when worldwide commission disclosure is introduced in January 2019, a top industry player has warned.

Published : 14, Sep 2017
Advisers at risk from insurtech boom

Advisers at risk from insurtech boom

Advisers are in danger of missing the boat as insurtech looks set to disrupt and boost Asia’s insurance industry.

Published : 13, Sep 2017
Zurich names Peter Huber as CEO of international business

Zurich names Peter Huber as CEO of international...

Peter Huber has been appointed chief executive of Zurich International, bringing together as one team the insurer’s international life businesses in the Middle East and Isle of Man and Zurich International Corporate Solutions, including Zurich Eurolife.

Published : 7, Sep 2017
Non-linked life premiums dip in HK as linked rise sharply

Non-linked life premiums dip in HK as linked rise...

Non-linked individual life and annuity premiums were down in the first half of 2017, while linked life business rose sharply by 158.8%, latest figures from the newly launched Hong Kong Insurance Authority (HKIA) show.

Published : 4, Sep 2017
Back to basics: life insurance key part of financial planning

Back to basics: life insurance key part of financial...Lock icon

IHT planning, nil rate bands and replacing pension scheme death benefits are some of the reasons life insurance needs to remain a core part of financial planning, according to Chris Lean, a chartered financial planner with Aisa International. Click through the slides below to see six key reasons advisers need to speak to clients about ensuring they are protected.

Published : 1, Sep 2017
Financial adviser numbers surge in Malaysia

Financial adviser numbers surge in Malaysia

The number of firms engaged in financial planning in Malaysia has increased by 45% since 2015, while the number of licensed financial planners has grown by around 23%, according to Ahmad Fairuz Zainol Abidin, Malaysia's Securities Commission deputy chief executive.

Published : 30, Aug 2017
Bupa Global data theft puts half million clients at fraud risk

Bupa Global data theft puts half million clients...Lock icon

A rogue Bupa Global employee is suspected of stealing the personal details of more than half a million international healthcare customers and attempting to sell the information.

Published : 29, Aug 2017

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