UK life insurer sets up shop in Singapore
It will be a ‘core region’ for the firm ‘over the long term’
It will be a ‘core region’ for the firm ‘over the long term’
The deal was nearly sunk after the New Zealand regulator waded in last year
CEOs named at both financial planning and asset management firms
Acquisition was previously blocked by New Zealand regulator
Resolution Life pursues completion of ‘excellent opportunity’ despite regulatory troubles
Acquisition by Resolution Life ‘highly unlikely to proceed’ as firm struggles to meet conditions
C-suite changes at Resolution and L&G, as UK asset manager hires head of Emea distribution
Company shares fell by a quarter after a deal was announced
Clive Cowdery, who created Resolution Ltd in 2008, is stepping back from the FTSE 100 company to focus his attention on Europe, where he is looking to launch another insurance company consolidation business.
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".
John Van Der Wielen has been named chief executive of both UK and International divisions of UK insurance giant Friends Life, as divisional UK CEO David Hynam departs.
Resolution Ltd’s Friends Life subsidiary has sold its 30% stake in the Malaysian Shariah-compliant insurance business it acquired in 2008 back to its joint venture partner, AmBank Group.