Life
Axa Wealth on the market again
Axa’s UK life insurance and wealth investment units are reportedly up for sale, in a move that could see the French insurance giant net up to £700m ($997.8m, €875m).
US gov challenging MetLife’s ‘too big to fail’ court win
The US Treasury has confirmed that it will appeal a federal court judgment that insurer MetLife is not a systemically important financial institutions (Sifi) and therefore should not face tougher regulatory oversight.
How offshore bonds can help with financial planning
Scott Hood, regional technical manager for the Middle East and Africa at Friends Provident International, looks at key reasons why offshore bonds continue to add value as a tax wrapper.
MetLife wins ‘too big to fail’ US court bid
US-based life insurance company MetLife saw its share price rise 5% after a judge ruled that the government’s decision to label it a systemically important financial institution (SIFI) be withdrawn.
Big insurer pullback from markets creating opportunity for others
Smaller international life companies are reporting a big pickup in activity as regulatory pressures and new technology drive the major players to restructure operations to focus on core strengths and markets, industry observers said.