Life
RL360° achieves 21% growth in 2015
Isle of Man-based RL360° said it has recorded 21% growth in new business for 2015, due mainly to very strong growth in its regular premium business.
Retirement fears still stalk the offshore market
A recent survey by HSBC showed that 50% of its clients currently fear retirement.
RLAM inflows up significantly
Royal London Asset Management (RLAM) has reported net inflows of £357m ($516m, €453m), up significantly from the £111m recorded in the first quarter of 2015.
Zurich Global Life steady, general insurance improves
Zurich Insurance Group reported a drop in net profits for the first quarter, after operating profits fell 23% in general insurance and a marginal decrease in the company’s Global Life business.
Generali cites financial headwinds for Q1 fall in life sales
Italian insurer Generali blamed “poor financial market conditions” for a 6.9% Q1 fall in new life business, year on year, to €1.3bn (£1bn, $1.5bn).