ANALYSIS: Why shining lights are needed in int’l life sector
The importance of having a parent company which believes in the underlying businesses it controls is an obvious statement presumably everyone would sign up to.
RSA to resume asset sales, targets Middle East and Russian units
UK-based RSA Insurance is reported to be looking to sell its Russian and Middle East divisions as it resumes the disposal process begun by chief executive Stephen Hester in the wake of the surprise decision by Zurich last week to call off its takeover bid.
The country most hit by regulation, MiFID II big hot potato
The jurisdiction where regulation has seen the biggest impact over the last year is revealed by Julian Kramer, head of external distribution, Northern Europe, at BNP Paribas Investment Partners.
Emerging market outflows accelerate
August saw record monthly outflows from emerging markets with Asia, the origin of last month’s global market correction, particularly hard hit.
South African ‘RDR’ is call to arms for industry
Life companies in South Africa could “run into trouble” if they do not start working on changes to their businesses soon, said a senior figure for Old Mutual, ahead of the country’s imminent Retail Distribution Review.