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Equitable Life sold for £1.8bn to insurer LCCG

By: Pedro Goncalves | 18 Jun 2018

Life Company Consolidation Group (LCCG) is buying Equitable Life for £1.8bn. The transaction is expected to complete towards the end of 2019 and brings an end to the…

Amanda Blanc named first female chair of ABI

By: Christopher Copper-Ind | 07 Jun 2018

Amanda Blanc, the incoming CEO of ZURICH, Europe, Middle East and Africa, will become the next chair of the Association of British Insurers (ABI) it was announced…

New Zealand’s ANZ to sell life business to US-listed Cigna

By: Gary Robinson | 04 Jun 2018

ANZ Bank New Zealand is to sell its New Zealand life insurance business to US-listed Cigna for $482m, in the second sale of an ANC non-core business…

Willis Towers Watson Asia Pacific business receives accreditation

By: Christopher Copper-Ind | 04 Jun 2018

Willis Towers Watson, the global advisory, broking and solutions company, today announced that its Insurance Consulting and Technology (ICT) business in Hong Kong, Singapore, Malaysia and Indonesia…

Four in frame for Indian healthcare firm sale

By: Gary Robinson | 04 Jun 2018

Fortis Healthcare said on Friday said that it has shortlisted four entities — Hero Enterprise Investment Office and Burman Family Office, IHH Healthcare Berhand, Radiant Life Care…

China hits insurance industry with nearly $10m fines

By: Gary Robinson | 30 May 2018

Chinese insurance regulators has issued more almost $10m in fines against intermediaries and insurance firms in the first four months of 2018. China’s promise of getting tough on financial services companies that do…

Standard Life Aberdeen announce Phoenix update ahead of AGM

By: Gary Robinson | 29 May 2018

Standard Life Aberdeen plc (SLA) has announced an update regarding the proposed sale of its UK and European insurance business (Standard Life Assurance) to Phoenix Group, ahead…

CBA sells $500m Chinese life insurer stake

By: Gary Robinson | 24 May 2018

The Commonwealth Bank of Australia (CBA) has said that it is selling its 37.5% take in a Chinese life insurer to Japan’s Mitsui Sumitomo Insurance Co for…

GDPR boost for insurance industry: ABI

By: Gary Robinson | 24 May 2018

The introduction of the New Data Protection Act that implements the EU General Data Protection Regulation (GDPR), will be a boost for the insurance markets according to…

RL360 adds second product to app

By: Gary Robinson | 23 May 2018

RL360 has added a second product to its app that features round the clock applications and a host of new features for those that are registered. Oracle…

Isle of Man set for boost from Code of Conduct: Pickering

By: Gary Robinson | 23 May 2018

The Isle of Man’s forthcoming Conduct of Business Code change will lead to better business and the jurisdiction having a further elevated standing within international financial services,…

Hansard now eyes Japan outpost, but IoM still ‘central’: Marr

By: Gary Robinson | 17 May 2018

Changes to the way that Hansard Global operates internationally are set to continue with Group CEO Gordon Marr confirming that the company is lining up at least…

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