People Moves | 8 May 13
offshore sales director leaves jupiter
Jupiter Investment Management has confirmed that offshore sales director Simon O'Donoghue has left the business.
la mondiale europartner strikes offshore
One offshore bond seller that saw new business sales leap last year by some 55%, after almost doubling the year before was Luxembourg-based La Mondiale Europartner, the international division of Paris-based insurer AG2R La Mondiale.
uk distributed new biz bond sales 2012
New business sales of offshore bonds into the UK market ended 2012 a fifth below 2011’s levels, which in turn were down more than 7% from the previous year, as these charts reveal.
rdr effect seen on offshore bond sales to uk
New business sales of offshore bonds into the UK market last year ended up a fifth below 2011’s levels, which in turn were down more than 7% from the previous year, as investors shunned equities and similar investment products.
northstar acquired by uk based eden rock
Bermuda domiciled annuity and life insurance company Northstar Financial Services has been purchased by Eden Rock Group, a UK based alternative asset manager.