Life
Alternatives | 24 Mar 16
Life industry needs 21st century solutions – ITA’s Phil Story
The head of distribution for Investors Trust Assurance (ITA), Philip Story, says life companies are in need of 21st century solutions to meet the changing demands of today’s clients.
Phoenix swoops in on Abbey Life
Closed book pension provider Phoenix Group is reportedly making a move on Deutsche Bank’s UK insurance unit, Abbey Life.
Old Mutual to break into 4 new businesses
South African financial services group Old Mutual has decided to break up its business into four separate units as it believes they will perform better independently.
Generali Investments targets global asset mgt market
Generali Investments, the asset management arm of Italy’s Generali Group, has announced plans to set up an office in London to support expansion plans for its third-party business with institutional clients and private wealth managers.
FPI deal helps Aviva to boost Asian growth
UK insurance giant Aviva said overall operating profit from its life and general insurance and health businesses across Asia grew to £238m in 2015, up from £85m the previous year, in part due to a big contribution by Friends Provident International.