RL360 head of technical services named MIA chair
He replaces Peter Kenny, chief executive of Quilter International
He replaces Peter Kenny, chief executive of Quilter International
Manx Insurance Association CEO talks about how the island has weathered the pandemic
Manx Insurance Association chairman replaced, while Merian and Metlife make CEO changes
UPDATED: Insurers headquartered on the Isle of Man will no longer have to provide customers with generic information about commissions and fees from 1 January 2018 after the island’s regulator scrapped its plans, in a move welcomed by the industry.
Life insurance companies on the Isle of Man must provide broad commission disclosure from 1 January 2018 and policyholder specific commission disclosure from 1 January 2019 under the proposed new Conduct of Business Code.
The Isle of Man regulator has announced plans to make it mandatory for international life companies based on the island to disclose to retail customers all commissions being paid to their financial adviser.