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Generali names O’Flynn CEO of Hong Kong

By: Helen Burggraf | 13 Dec 2017

Cillin O’Flynn, a well-known figure in the cross-border life insurance industry who has been a Europe-focused executive with Generali for the most of the past seven years,…

ASIC issues new ‘statement of advice’ guide for advisers and insurers

By: Gary Robinson | 07 Dec 2017

The Australian Insurance and Investment commission (ASIC) has released a new example Statement of Advice (SOA) guide for life insurance companies and financial advisers working in the Australia…

Legal & General offloads mature savings to Swiss Re for £650m

By: Eugene Costello | 06 Dec 2017

UK asset manager Legal & General is to sell its book of mature savings policies to Swiss Re for £650m (US$872m, €738m) as it looks to move…

People moves: Globaleye, Equiom Hong Kong, OMGI

By: International Investment Staff | 20 Nov 2017

Globaleye Bart Kendall has been named to succeed Gaynor Jones as director of wealth management for Dubai-based Globaleye’s UAE director of wealth management. Jones has left the…

Singapore life industry continues growth: LIA

By: Gary Robinson | 08 Nov 2017

The Life Insurance Association, Singapore has announced industry results for the period January to September this year, with an 18% increase in total weighted new business premiums.…

Canada Life unveils five portfolio funds in ‘passives push’

By: Helen Burggraf | 06 Nov 2017

Canada Life has unveiled what it says are five new, low cost life and pension funds that complement its active range, and represent its first-ever large-scale “push”…

Brooks Macdonald to provide DFM services to Generali Worldwide clients

By: Helen Burggraf | 01 Nov 2017

Brooks Macdonald, the London-based, AIM-listed investment management group, is teaming up with the Generali Worldwide arm of Italy’s Generali insurance company to provide its clients with discretionary…

UK chancellor: ‘Alive to the risk’ of post-Brexit insurance ‘uncertainties’

By: Helen Burggraf | 11 Oct 2017

UK Chancellor Philip Hammond has said the government was “alive to the risk” that the UK’s withdrawal from the European Union “could in some cases create legal…

Fiduciary Rule battle rages on in US, as SEC head vows to ‘work with DOL’ on plan

By: Helen Burggraf | 06 Oct 2017

Ever since the US’s long-awaited Fiduciary Rule partially took effect in June, the matter of whether it should ever be fully implemented – or rather, killed off…

Canada Life In’tl tweaks portfolio bonds to boost ‘flexibility’

By: Helen Burggraf | 26 Sep 2017

Canada Life International, the UK-market-focused life insurance-based financial product provider, has made a number of changes to its Premiere Account and Premiere Europe Account that it says…

CBA eyes offload of asset management business

By: Eugene Costello | 22 Sep 2017

Hard on the heels of offloading its life insurance business to Hong Kong-based AIA for A$3.8bn as reported, Commonwealth Bank of Australia (CBA) is looking to divest…

CBA insurance business sale makes AIA region’s biggest

By: Eugene Costello | 21 Sep 2017

Hong Kong based AIA is to acquire Commonwealth Bank of Australia’s life assurance businesses throughout Australia and New Zealand for A$3.8bn (US$3bn), making it the largest life…

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