Life
IoM regulator confirms two commission disclosure deadlines
Life insurance companies on the Isle of Man must provide broad commission disclosure from 1 January 2018 and policyholder specific commission disclosure from 1 January 2019 under the proposed new Conduct of Business Code.
Best Practice | 1 Feb 17
Zurich partners with pension advice service for scam helpline
Zurich UK Life has teamed up with The Pensions Advisory Service (TPAS) to pilot a pension scam helpline, offering impartial guidance to customers looking to transfer their savings into schemes that the life insurer has identified as suspicious.
Best Practice | 1 Feb 17
Why life insurance wrappers still benefit expats in the UAE
The benefits of life insurance wrappers still outweigh direct investment in funds for expatriate customers in the UAE despite the significant regulatory change underway, says Philip Cernik of Friends Provident International.
Thailand eases foreign ownership rules for life companies
Thailand has announced it will relax foreign ownership restrictions and board limits for life insurance companies in a bid to “promote stability” in the industry.
Generali terminates general manager and group CFO’s contract
Italian insurer Generali has reached an agreement with general manager and group chief financial officer, Alberto Minali, to terminate his employment contract, effective from 31 January.