Utmost
Axa pivots away from life insurance with $15.3bn acquisition
The hits keep coming for the life sector as Europe’s second biggest insurer, Axa, announces a shift from Life & Saving business to Property & Casualty.
Utmost Wealth and Generali PanEurope to merge
Life Company Consolidation Group (LCCG) is to acquire Generali PanEurope with plans to create a specialist wealth manager by combining it with Utmost Wealth Solutions in a show of “commitment to the international life market”.
Best Practice | 20 Nov 17
Analysis: The future’s bright post Paradise Papers
Having borne the brunt of the media scrutiny following the Paradise Papers hack, key figures in the international life insurance industry have hit back and defended the Isle of Man and other international financial centres.
Utmost offers redemption option on Irish offshore bonds
Utmost Wealth Solutions has announced the launch of a capital redemption option for its range of Dublin-based offshore bonds.
Big jump in offshore bond sales at Canada Life International
Sales of offshore bonds rose by 60% in the first half of 2017, with new business through Canada Life International’s Isle of Man and Dublin-based offshore businesses hitting £566m ($736m, €626m).