Life
Platform assets rise by 14bn in second quarter
Total platform assets under management rose by £14bn in the second quarter of 2014 to reach £317bn, a 5% rise on the year’s first quarter.
skandia intl half year sales drop
Skandia International’s sales fell 4% in the first half of this year, hit by lower levels of business in the Far East.
fpi half year sales drop by a third
Friends Provident International’s new business fell by a third in the first half of this year in the face of what it described as “challenging market conditions and significant regulatory changes”.
Emerging Markets | 5 Aug 14
Standard Lifes Asia and EM division returns
Standard Life’s Asia and emerging market business returned to profit in the first half of this year, as the cost of establishing new offices in Asia and the Middle East abated.
uo state ohio to sign captive insurance cos
The US state of Ohio has signed legislation allowing for the creation of captive insurance companies, putting it potentially in competition with offshore jurisdictions such as the Isle of Man, Guernsey and Dubai.