Life
Lombard International granted Singapore licence
Lombard International, the global wealth structuring solutions provider, has been granted a Financial Adviser’s licence by the Monetary Authority of Singapore (Mas).
Nine insurers identified as globally systemically important
The Financial Stability Board has named Aegon, Aviva, and Axa among nine global insurance firms identified as systemically important financial institutions (SIFI).
Best Practice | 22 Nov 16
Game-changing UAE insurance regulation: what does it mean?
Life and investment product providers, fund managers, and intermediaries need to swiftly absorb what the potentially game-changing regulation for the UAE’s life insurance industry means for their business and be ready to provide their feedback before the 30 November cut-off date, say Tom Bicknell, Wayne Jones, and Peter Hodgins of international law firm Clyde & Co.
AIG agrees to sell Japanese life insurance unit to FWD
American International Group (AIG) has agreed to sell its Japanese life insurance business to one of Asia’s most prominent insurers FWD Group for an undisclosed sum.
Regular premium sales up nearly 20% in Asia, reports Prudential
Prudential reported a 19% increase in new business profit for the first nine months of the year, driven mainly by a strong performance at its Asian life business.