Sanlam to take over Moroccan insurer in $1bn deal
Sanlam will take full control of Morocco’s Saham Finances for $1.05bn, and is actively looking for other acquisitions that will make it “number one, two or three” in the markets in which it operates.
China’s wealthy send $172bn offshore in three years
A “staggering” $172bn in Chinese funds have been deposited offshore by non-bank institutions in just three years, according to a report by Knight Frank.
Best Practice | 8 Mar 18
Are life cos ready for looming IoM Conduct of Business Code?
It is now less than a year until the Isle of Man Conduct of Business Code comes into force, International Adviser spoke to several firms headquartered on the island to see how they are preparing for the introduction of the regulation.
Aviva fires up Hong Kong joint venture with Tencent
Aviva Asia will launch a Hong Kong joint venture in the first half of 2018, as the group shifts its investment focus to high growth markets.
Former Dubai International Financial Centre chief dies
The former governor of the Dubai International Financial Centre (DIFC) and chair of the Dubai Financial Service Authority (DFSA), Abdullah Mohammed Saleh, has died.