Life
Building business in Asia
Stuart Fraser, chief executive of Ageas Hong Kong, describes how the company is gaining traction and market share in Asia, helped by its ability to be more responsive to clients and market conditions than some of its larger rivals.
singapores life industry sees new biz sales grow
Singapore’s life insurance industry saw total weighted new business premiums in the first quarter grow by 9% over the same period last year, but the results were impacted by a 15% drop in new business sales of single-premium products, the Life Insurance Association of Singapore said today.
skandia intl sales grow but uk hit by rdr
Skandia International made a positive contribution to parent company Old Mutual’s results with first quarter gross sales up 15% to £449m compared to the first quarter of last year.
northstar acquired by uk based eden rock
Bermuda domiciled annuity and life insurance company Northstar Financial Services has been purchased by Eden Rock Group, a UK based alternative asset manager.
canada life jurisdiction choice irish life co
Canada Life last night launched a new Dublin based life company, designed to offer advisers an additional jurisdiction for their UK clients, at a celebratory dinner in the imposing High Commission of Canada building on the West side of London’s famous Trafalgar Square.