Life
IoM considers changes to commission disclosure rule
The Isle of Man financial services regulator is considering scrapping broad commission disclosure requirements for life companies headquartered on the island, in favour of implementing policyholder-specific disclosures by 2019, according to industry sources.
Indonesia’s life premiums jump 28% in Q1
Premiums in the Indonesian life industry soared by 28% in the first quarter of this year, compared to the same period in 2016, according to latest data released from the Financial Services Authority (OJK).
Lombard Int’l unveils joint venture life company in Mexico
Lombard International is to launch a joint venture life company in Mexico in partnership with locally-based wealth management firm Akaan.
Sharp fall in premiums bite Japan’s ‘top four’ life insurers
Japan’s four largest life insurers have reported a 16% decline in combined domestic premium income in the fiscal year ending 31 March 2017.
South Africa’s Investec to expand into life insurance
South Africa-headquartered asset manager Investec has announced it will expand into offering life insurance to its clients.