Life
Major Sth African insurer targets international life markets
Provisca, the international distribution business launched in August by Nigel Watson and Bryan Low, has signed its first partnership agreement, opening up the products of South Africa’s third largest listed insurer to international markets.
Canada Life lifts withdrawal ban on property funds
Canada Life has lifted the suspension of redemptions on its commercial property life and pension funds, after its decision on 6 July to put a stop on withdrawals in reaction to the UK’s Brexit vote.
Around 70% of Singaporeans are underinsured, says Prudential
Around seven in 10 Singaporeans have not increased their life insurance cover in line with their rising income levels, leaving them at risk of being under-insured in the event of a crises, insurer Prudential has warned.
Canada Life premiums jump 50% amid soaring fund sales
Canada Life’s second quarter premiums rose by more than 50% compared to the previous year due to a surge in the sale of funds, figures from its parent company Great-West Life show.
Best Practice | 19 Aug 16
Under the spotlight: product review of RL360° Quantum
In the first of a new series of three independent reviews of international life products, Brian O’Neill, consultant at Isle of Man-based actuary and consultancy firm Boal & Co, puts the spotlight on RL360°’s regular savings product called Quantum.