Life
Cashing in pension pots dominates UK calls
Canada Life said about 75% of the customer calls it has received since the UK pension reforms came into effect on 6 April have been from individuals who want to cash in their pension pots.
Generali merges Guernsey operations to increase expat focus
Generali International and Generali Worldwide Insurance Company will merge to capitalise on the globally expanding expat market, although the move will see the newly created firm withdraw from around 14 jurisdictions.
RL360° posts 31% growth in new business for 2014
Isle of Man-based life company RL360° has reported a 31% rise in new business for 2014 – its first full calendar year of operation since its management-led buyout.
Zurich Intl Life appoints new chief life actuary
Zurich has appointed a new chief life actuary to its Isle of Man-based international business.
UK wealthy failing to plan for IHT
Less than one tenth of wealthy UK citizens have sought advice for inheritance tax planning, putting their families at risk of a large tax bill when they die.