friends life to receive offers to buy lombard
Friends Life is getting closer to selling its Luxembourg-based Lombard International Assurance business, with an imminent offer on the cards.
Lombard International
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luxembourg life companies quietly flourish
Since the global financial crisis in 2008, a handful of life companies in Luxembourg have seen their businesses flourish, as high- and ultra-high-net worth individuals in certain European markets have turned to a type of single premium bond marketed by these insurers as a safe and tax-efficient place to park their wealth.
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lombard appoints former merrill lynch chief
Lombard International Assurance has appointed a former Merrill Lynch chief to lead its Wealth Structuring Solutions unit.
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lombard unveils gifting plan
Lombard International Assurance has unveiled a new asset-gifting plan that it says will permit UK-resident individuals to bequeath assets to their children, while retaining "some control over when they receive them".
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lombard names pinte to new strategy role
Lombard International Assurance, the Luxembourg-based wealth management subsidiary of Friends Life, has named Vincent Pinte executive director for business development and marketing.
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lombard hires aegons bissett for team
Lombard International Assurance has hired long-time Aegon executive John Bissett to further strengthen its private banking team, and signalled that it is planning to make additional appointments.
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lombard targets asia as friends reports results
John Van Der Wielen, managing director international at Friends Life, has outlined his aspiration for growth in the Asian region, notably for the European focused tax planning business Lombard, against the backdrop of poor results for parts of the international division.
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Lombard’s non-European sales rocket more than 280%
Lombard posted headline new sales growth of 281% for non-European business in the first quarter.
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Friends Prov’s Int’l businesses report record sales
The international businesses of Friends Provident have reported record new business for 2010.
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Lombard appoints director of independent practitioners
Lombard has appointed Amaury de Potter dIndoye to director, Independent Practitioners.
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International sales boost Friends Provident’s results
A resurgence in consumer confidence in key overseas markets boosted Friends Prov’s 3rd Q results.
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First half sales double in Friends Prov’s international businesses
Sales in Friends Providents international businesses nearly doubled in the first six months of 2010