Life
Canada Life’s offshore bond market share hits 29% on L&G deal
Canada Life’s acquisition of Legal & General International has resulted in a combined 29% share of the offshore bond market into the UK.
Guernsey tops 800 licensed insurance companies
Guernsey said it has licensed 45 more international insurance companies in the first six months of 2015, bringing the total number of insurers operating in the channel island to 816.
Many UK retirees seen using pension freedoms to get cash
Research by UK insurer Royal London has found that nearly 70% of savers who have taken advantage of the government’s new pension reforms since April have taken their money in a cash lump sum.
The future of the life industry: Eight predictions from Old Mutual Int’l
In the latest in a series of insights from prominent life industry figures, Marcel Bradshaw, sales director at Old Mutual International, takes a look at future opportunities.
Canada Lifes seals longevity risk deal with Aegon
Canada Life’s reinsurance division has reached a deal with insurance giant Aegon to cover the longevity risk on a €6.0bn (£4.3bn, $6.7bn) portfolio of Dutch annuities.