Life
global insurance industry premiums fell in 11
Premiums paid by the worlds insured individuals fell by almost 1% in 2011, a new study of the global insurance industry released today by Swiss Re reveals, led by life insurance premiums, which fell by 2.7%.
Zurich to downsize UK workforce
Zurich is to significantly reduce the size of its UK life business, with around 90 jobs earmarked for the chop.
royal london 360 confirms shift away from single
Royal London 360° has cemented plans to shift its focus away from the highly competitive and less profitable single premium market to the higher margin regular premium section of the offshore bond market.
fpi sales slump 20 in first quarter
International sales at Friends Life fell sharply in the first quarter of this year, with the company blaming market and operating headwinds for adversely impacting the business.
global admin provider kane for sanlam bond
Kane LPI, an arm of global specialist insurance management services Kane, is to provide end-to-end administration services for the South African group Sanlams new offshore bond offering in the UK.