Life
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.
asia and em boost sales for standard life
Standard Life International has blamed “disruption caused by the implementation of the Retail Distribution Review” for a drop in sales of its offshore bonds into the UK last year, as its parent company reported a growth in profits and record assets under administration.
rdr impacts landg offshore q4 bond sales
Offshore bond sales at Legal & General International Ireland fell 11% in 2012 to £510m, from £570m in 2011.
aviva posts 3bn loss as international cull
The UK’s largest insurer Aviva has slashed its full year dividend and reported a loss after tax of £3.05bn for 2012, with shares of the FSTE 100 company falling by up to 16% during trading in London this morning.