Life
mifid II risks unintended consequences says ailo
The Association of International Life Offices has written to the European Parliament’s Economic and Monetary Affairs Committee, to warn over potential unintended consequences stemming from the interaction between Mifid II and other European Union financial services legislation.
pru singapore had record breaking 2011
Prudential Singapore, a subsidiary of UK-based insurer Prudential, achieved new business premiums of $473m last year, representing a 29% increase on 2010.
lg intl bucks trend with 27 increase in sales
Sales of offshore bonds at Legal & General International (Ireland) LGII reached record levels again last year, despite the ABI reporting a 7% drop in overall sales of offshore bonds in 2011.
record net inflows at standard life intl
Standard Life International enjoyed record net inflows last year, despite continuing global economic and market uncertainty.
prudential rumoured to be planning entry
Prudential is rumoured to be considering launching into the Latin American market, with Brazil the most likely target for expansion.