Life
profits rise at nedbank private wealth in 2012
After tax profits at Nedbank Private Wealth, which re-branded from Fairbairn Private Bank in October last year, were up 15% during 2012.
key solvency II elements rejected
The European Union's insurance industry watchdog has rejected key elements of the proposed Solvency II regime, in a discussion paper that it has put out to comment.
fpi makes 37m loss as changes model
Friends Provident International made a pre-tax loss of £37m in 2012, due to £82m of one-off restructuring related charges.
sweet spot asia delivers for prudential in 2012
Prudential’s “sweet-spot” Asian markets helped the company deliver a 14% increase in new business profit last year, on a European embedded value basis, with Asia contributing almost 20% to new business profit.
brazil banks dominate life sales says global
Brazil has the highest bank assurance share of all the 16 major global markets covered in a report by research company Finaccord.