Life
UAE could face a ‘Hong Kong-style’ life sales slump
Asia has traditionally been the principal market outside the UK for international life business but growth in sales from the two key regional hubs of Hong Kong and Singapore has come to a halt, says Provisca founder Bryan Low.
Standard Life cuts Asia insurance profile with Hong Kong sale
Standard Life has agreed to sell its wholly-owned Hong Kong life operation to its Chinese joint venture company Heng An Standard Life Insurance Company (HASL), underlining its move towards an investment-led business focus.
India’s largest bank to sell life unit stake in IPO listing
India’s largest lender, the State Bank of India (SBI), has announced that it is looking to sell a 10% stake in a life insurance joint venture with SBI Life, as it prepares to launch an initial public offering (IPO).
FPI up for sale with Utmost Wealth ‘in the running’
Friends Provident International is up for sale with Utmost Wealth Solutions as the ‘most likely’ buyer, according to a source close to International Adviser.
RL360° launches new tablet app aimed at Quantum product
RL360° has launched a new tablet app which will allow applications to the life insurer’s flagship regular premium savings product, RL360° Quantum, to be submitted online.