Life
Axa bond flies in the face of HMRC rules
An offshore bond launched by Axa Wealth International in September last year has been criticised by competitors, drawing claims it risks leaving clients open to a 15% deemed gain charge and could damage the wider offshore bond industry.
ailo announces first ever conference to take
The Association of International Life Offices (AILO) is to hold its first ever industry conference this year.
prudential completes domestication of hk branch
The Prudential Assurance Company has completed the process of domesticating its Hong Kong branch on January 1.
axa to sell hungarian life and savings
Axa has entered into an agreement to sell its Hungarian life and savings insurance operations.
ammb holdings to sell life ins stake to metlife
Malaysia-based AMMB Holdings has reached an agreement with MetLife International Holdings to sell its stake in its insurance and takaful business to the latter for a total consideration of RM812m (£151.11 m, $247.20m).