Industry
Old Mutual Int’l suffers amid sharp decline in Qrops sales
Old Mutual International saw a sharp drop in sales of qualifying recognised overseas pension schemes (Qrops) following the introduction of UK pensions freedoms in April last year.
Zurich nabs Howell from Generali to head up Asia Pacific
Jack Howell, the former chief executive of Asia for Italian insurer Generali, is to join his former boss Mario Greco at Zurich as chief executive of Asia Pacific.
Legal & General sells Cofunds to Aegon
Legal & General Group has sold its investment platform Cofunds to Dutch insurer Aegon.
Single premium sales drive Singapore life industry growth
A strong second quarter saw Singapore’s life insurance industry report 13% growth in new business premiums between January and June 2016, with single premiums up 28% compared with a year ago.
UK insurers’ fortunes vary in investment industry first half
The half year numbers out from three of the UK’s largest insurance companies over the past few days illustrate the increasing importance of backing the right asset management horse.