Life
Generali delivers solid results as life business improves
Italian insurer Generali Group described its 2016 results as “excellent”, benefitting from “very strong net inflows” in its Life segment, an earlier cost cutting exercise, and a change in the product mix of its domestic business.
Old Mutual Int’l focuses on ‘select group’ of Swiss-based IFAs
Old Mutual International has confirmed that it has altered its distribution strategy in Switzerland to focus on a more “select group of expat IFAs”, contradicting industry reports that it was pulling out of the market altogether.
UAE and Saudi Arabia life industry face consolidation says S&P
Regulatory pressures and fierce competition will lead to significant consolidation of the life industry in the UAE and Saudi Arabia over the next two years, according to a report by S&P Global Ratings.
Investment | 9 Mar 17
What future for life companies in asset management?
Given the mixed fortunes of life companies, can they handle the tough balancing act of asset management?
Old Mutual Int’l posts solid results as managed funds rise
Old Mutual International has posted a slight rise in pre-tax adjusted operating profit for 2016 despite difficult market conditions, helped by healthy 18% rise in funds under management.