The UK offshore bond market is growing strongly with 2021's total UK new business set to pass the £7bn mark, up from £5bn in 2020, according to AKG's new report ‘The Revolution Will Not Be Televised - 30 Years of Quiet Change in the UK Offshore Life Sector'. Ireland continues to be the leading home jurisdiction for UK offshore bonds accounting for over 50% of new business in the last two years, with the Isle of Man taking less than 40% and Luxembourg the remainder. AKG further revealed that just eight companies representing six unique brands are now at the heart of the market, acc...
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