Life
Zurich exit from Singapore highlights industry change
The Zurich Insurance Group’s decision to pull out of the international life business in Singapore, where it had been a big part of the market for a long time, was the top story from Asia, among a series about industry restructurings which dominated coverage in 2015.
Sun Life closes part of wealth product range
Sun Life Financial International, part of Canada’s giant Sun Life Financial Inc, said it will no longer accept new applications for two of its key wealth products — Sun Secured Advantage Plus and Sun Investor.
OMI creates new role to help advisers with business changes
Old Mutual International has created a new head of distribution development role in London to help support international financial advisers seeking to transform their businesses to deal with the changes sweeping the sector.
Europe’s insurers face business model shake up
European insurers are unlikely to be able to generate sufficient investment returns in future to meet the guaranteed rates offered on many of their regular savings products, according to a new survey by Standard Life Investments.
Life trends: IWI crossing borders
Luc Rasschaert, chief executive of IWI, and Mike Foxall, its UK representative, explain why, having achieved a solid footing in continental Europe, the firm chose to launch its wealth management funds in the UK.