Companies
Regular premium sales up nearly 20% in Asia, reports Prudential
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.
Sanlam increases stakes in two Indian insurance companies
South African financial services group, Sanlam has acquired bigger stakes in two Indian insurance companies, following recent regulatory changes that allow up to 49% foreign shareholding in insurance companies in the country.
Aberdeen picks Abu Dhabi for first Middle East office
Aberdeen has become the first international asset manager to open an office in Abu Dhabi Global Market (ADGM), the new international financial centre in the capital of the UAE, after being granted a license by the Financial Services Regulatory Authority (FRSA).
BVI hands record fine to Panama papers law firm
Mossack Fonseca, the law firm at the centre of the Panama papers scandal, has been fined a record amount by the British Virgin Islands’ Financial Services Commission (FSC).
PEOPLE MOVES: US SEC, Zurich, LGIM
The list of jobs to be filled by president-elect Donald Trump just got longer after the SEC’s chair confirmed she will step down at the end of the Obama administration. Zurich has named the new chief executive of its UK business, with Legal & General IM making senior appointments in the US.