Life
Brooks Macdonald inks key DFM deal with Hansard International
Brooks Macdonald’s international division has linked up with Hansard International to offer advisers the opportunity to access the Jersey-based wealth and asset manager’s full discretionary fund management offering.
Aviva to reduce Spanish presence with €475m life unit sale
Aviva will sell interests in two bancassurance agreements and a life business to Santalucia, raising €475m (£403m, $517m), as the UK insurer looks to wind down its operations in Spain.
Standard Life posts £5m loss in Hong Kong amid global job cuts
Standard Life lost £5m (€5.9m, $6.4m) last year from its wholly-owned business in Hong Kong as it confirmed that more than 800 jobs will be lost after it merges with Aberdeen Asset Management.
Zurich signs 10-year UAE deal with Standard Chartered
Zurich Life International has signed an “exclusive” 10-year distribution agreement with Standard Chartered in the United Arab Emirates (UAE).
Generali PanEurope cuts commission on ‘loss making’ product
Dublin-based Generali PanEurope has announced plans to cut the upfront commission by a third on its Vision regular savings plans which have terms of less than 10-years.