Lombard International granted Singapore licence

Lombard International granted Singapore licence...

Lombard International, the global wealth structuring solutions provider, has been granted a Financial Adviser’s licence by the Monetary Authority of Singapore (Mas).

Published : 28, Nov 2016
Nine insurers identified as globally systemically important

Nine insurers identified as globally systemically...

The Financial Stability Board has named Aegon, Aviva, and Axa among nine global insurance firms identified as systemically important financial institutions (SIFI).

Published : 25, Nov 2016
Game-changing UAE insurance regulation: what does it mean?

Game-changing UAE insurance regulation: what does...

Life and investment product providers, fund managers, and intermediaries need to swiftly absorb what the potentially game-changing regulation for the UAE's life insurance industry means for their business and be ready to provide their feedback before the 30 November cut-off date, say Tom Bicknell, Wayne Jones, and Peter Hodgins of international law firm Clyde & Co.

Published : 22, Nov 2016
AIG agrees to sell Japanese life insurance unit to FWD

AIG agrees to sell Japanese life insurance unit...

American International Group (AIG) has agreed to sell its Japanese life insurance business to one of Asia’s most prominent insurers FWD Group for an undisclosed sum.

Published : 17, Nov 2016
Regular premium sales up nearly 20% in Asia, reports Prudential

Regular premium sales up nearly 20% in Asia, reports...

Prudential reported a 19% increase in new business profit for the first nine months of the year, driven mainly by a strong performance at its Asian life business.

Published : 16, Nov 2016
UAE insurance regulator to clamp down on fees and commissions

UAE insurance regulator to clamp down on fees...

The main life insurance regulator in the UAE has unveiled plans to tackle high fees and hidden commissions across the industry after receiving what it described as “an alarming amount of complaints from policyholders”.

Published : 16, Nov 2016
Cost of life policies in Taiwan expected to spiral by 20%

Cost of life policies in Taiwan expected to spiral...

The cost of life insurance policies is expected to rise by as much as 20% next year as the Financial Supervisory Commission (FSC) tightens reserve requirements.

Published : 16, Nov 2016
Life companies top IoM financial ombudsman complaints

Life companies top IoM financial ombudsman complaints...

Life companies were the most complained about financial services providers on the Isle of Man last year, according to figures released by the island’s Financial Services Ombudsman.

Published : 15, Nov 2016
OMI to close regular savings plans in three key regions

OMI to close regular savings plans in three key...

Old Mutual International has moved to reflect the changing trend towards more flexible products in the offshore market by closing two of its contractual savings plans in three key regions.

Published : 14, Nov 2016
Ten weird and wonderful insurance policies

Ten weird and wonderful insurance policies

People often lump insurance into three categories: car, home, and life. While few would think of the world of insurance as an exciting place, Aegon has put together a list of 10 weird and wonderful insurance policies to brighten, what has been for some, a dreary week.

Published : 11, Nov 2016
Zurich's net profit surges as Greco turnaround gains pace

Zurich's net profit surges as Greco turnaround...

Zurich Insurance has posted a massive increase in its third quarter net profit and strong growth over the first nine months of 2016 as the company’s efficiency drive under new chief executive Mario Greco bears fruit.

Published : 10, Nov 2016
Middle East and Africa sales boost Hansard, LatAm less so

Middle East and Africa sales boost Hansard, LatAm...

Strong growth from a relatively low base in the Middle East and Africa fuelled a near 75% increase in new business levels for Hansard Global in the third quarter of this year.

Published : 10, Nov 2016
Generali life premiums tumble despite strong Q3 results

Generali life premiums tumble despite strong Q3...

Italy’s largest insurer Generali reported a 4.5% drop in premiums in its life unit in the last nine-months but said performance in the life insurance improved in the third quarter.

Published : 10, Nov 2016
L&G creates new trans-Atlantic insurance division

L&G creates new trans-Atlantic insurance division...

Legal & General has formed a new trans-Atlantic insurance division to tie its UK and US offerings.

Published : 9, Nov 2016
Royal London AM reports jump in managed assets

Royal London AM reports jump in managed assets...

UK investment house Royal London Asset Management (RLAM) has announced that total funds under management by the group has exceeded £100bn for the first time.

Published : 4, Nov 2016
Simon Willoughby on turning Axa Isle of Man into Utmost WS

Simon Willoughby on turning Axa Isle of Man into...

After the acquisition of Axa Isle of Man paved the way for a headline-grabbing rebrand as Utmost Wealth Solutions, head of proposition Simon Willoughby talks exclusively to International Adviser about how the 25-year-old international life company was forced to go back to the drawing board and focus on what it does best.

Published : 24, Oct 2016
New brand revealed as Axa Isle of Man sale completes

New brand revealed as Axa Isle of Man sale completes...

Axa Wealth International on the Isle of Man has been rebranded following its acquisition by Life Company Consolidation Group (LCCG) in April 2016.

Published : 21, Oct 2016
China Life forecasts 60% profit drop, issues warning

China Life forecasts 60% profit drop, issues warning...

China Life, the country’s largest insurer by market cap, has issued a profit warning after it forecast a 60% drop in net profit due to a decrease in investment income for the nine months to 30 September 2016.

Published : 18, Oct 2016
Australia code of practice for life insurers gets thumbs up

Australia code of practice for life insurers gets...

A number of Australia’s major life insurers have endorsed the Financial Services Council’s Life Insurance Code of Practice, saying it should help to build consumer trust in the industry.

Published : 12, Oct 2016
Axa Wealth Int’l on acquisition trail as rebrand beckons

Axa Wealth Int’l on acquisition trail as rebrand...

The Isle of Man’s soon to be re-branded Axa Wealth International is already looking to make acquisitions and grow.

Published : 11, Oct 2016

Sponsored Content

Gulf IFAs face ‘year of reckoning’ as clients turn away
Gulf IFAs face ‘year...

Financial advisers in the Middle East are finding clients...

Malta the ‘big winner’ of UK’s extensive Rops reforms
Malta the ‘big winner’...

Malta will be the "main winner" of HM Revenue & Customs'...

St James' Place doubles adviser numbers in Asia
St James' Place doubles...

St James’s Place has expanded its presence in Asia...

Director of collapsed IFA firm banned after £4m goes missing
Director of collapsed...

The director of a bankrupt UK-based IFA firm, who also...

South Africa considering tax changes to offshore pension funds
South Africa considering...

South African tax authorities may clamp down on the...

OTHER STORIES FROM LAST WORD...