STM shares suspended, acquires Malta pension firm

STM shares suspended, acquires Malta pension firm

Minutes after suspending shares in London, Gibraltar-headquartered STM has said it is going ahead with the acquisition of a Malta pension company.

Europe | 10 Nov 17

Lombard Int’l buys HSBC Life Assurance portfolio for €1

HSBC Life Assurance (Malta) has entered into a portfolio transfer agreement with Lombard International Assurance to sell part of one of its insurance portfolios for €1 (£0.89, $1.16).

Africa | 10 Nov 17

Investec Life launches in South Africa

Investec has added life insurance to its banking and investment services offering in South Africa.

Singapore police and regulator team up to investigate IFAs

Asia | 10 Nov 17

‘Greying Singapore’ embracing life insurance

Singapore’s life insurers have reported a strong 2017 sales with three-quarters of Singaporeans now covered.

Generali Worldwide debuts DFM move in Brooks Macdonald tie-up

Generali Worldwide has formed a partnership with Brooks Macdonald to offer advisers and their clients a discretionary fund management service to sit alongside its life product offering for the first time.

Life