RL360° grows 5% despite ‘difficult market conditions’
Isle of Man-based life insurer RL360° grew its present value of new business premiums (PVNBP) by 5% in 2017, continuing the company’s record of year-on-year growth.
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PEOPLE MOVES: Abacus, RL360°, Coutts
Abacus has recruited from Globaleye, RL360° has bolstered its Latin America sales team with an Old Mutual Group alum and Coutts’ has parted company with its head of key client coverage more than three years after a sexual harassment investigation.
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Could Dodd’s marriage trigger an IHT review?
The marriage of late comedian Ken Dodd to his long-term partner, and the fact that HM Revenue & Customs lost out on nearly £3m ($4.2m, €3.4m) as a result, has prompted questions about the timing of financial planning, especially so-called “deathbed planning”.
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Are life cos ready for looming IoM Conduct of Business Code?
It is now less than a year until the Isle of Man Conduct of Business Code comes into force, International Adviser spoke to several firms headquartered on the island to see how they are preparing for the introduction of the regulation.
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EEA shareholders set for $15m payment
There is some good news for investors in the beleaguered EEA fund after RL360° confirmed the scheme is distributing around $15.1m (£10.9m, €12.2m) to holders of run-off shares.
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RL360° targeted in insurance scam
Insurance firm RL360° is the subject of a law suit on the Isle of Man for damages alleging breach of contract and negligence after it paid out a policy belonging to a deceased doctor, who turned out to be alive and the victim of identity theft.
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RL360° revamps Lebanon protection product
Isle of Man-based life company RL360° is launching a Lebanese-specific version of its LifePlan product to replace its current Protected Lifestyle Lebanon plan.
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RL360° confirms former SJP man in top marketing role
Simon Barwell, formerly of St James’s Place and Friends Provident, has permanently taken on the role of marketing director at RL360° having held the post on an interim basis since February 2016.
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Case study: how trusts can shield non-doms from new rules
With the UK Government now implementing tougher rules for non-doms, RL360°’s head of technical services Neil Chadwick explores the implications and possible solution using a multi-jurisdictional case study.
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Analysis: Nexus targets expats amid big changes in Asia
A major international life company acquisition, a Singapore advice firm pushing into the expat space and a new insurance regulator in Hong Kong mean more change for Asia.
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Bullish life company chiefs reject ‘death’ dig
The cross-border life industry is in rude health but focusing on technology and change to stay competitive, according to three top executives speaking at International Adviser’s Fund Links Forum.
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Sales hit possible for IoM life cos when fee disclosure starts
Isle of Man life companies are already planning for a possible sales dip as major changes for IFAs are expected when worldwide commission disclosure is introduced in January 2019, a top industry player has warned.