Cross-border life industry upheaval set to continue
Larger life companies will focus on their home markets, while smaller firms consolidate
Larger life companies will focus on their home markets, while smaller firms consolidate
No new business from advisers to be accepted after Sept 30
Having uprooted and moved lock, stock and barrel from Sweden to Dublin in June 2015, SEB Life International’s managing director Peder Nateus has embraced both local high-contact sports and the life insurer’s focus on Europe.
The chairman of AILO Nils Liljeberg will step down as managing director of SEB Life International on 30 June and be replaced by Peder Nateus.
Momentum Pensions, the Isle of Man-based international pensions provider, has added Friends Provident International and SEB International to the roster of life companies whose products are available via its ‘Lite’ QROP schemes in both Malta and the IoM.
SEB Life International has launched an Asset Management Bond for the Maltese market.
The advantages of being Dublin domiciled and how life companies can tailor their products to local markets, according to SEB Life International’s head of international sales and marketing Conor McCarthy.
Irish Life International has been renamed SEB Life International, reflecting its acquisition by Nordic financial services group SEB at the end of August last year.
Nils Liljeberg, managing director of SEB Life Ireland, talks about the purchase and rebranding of Irish Life International, his long-term objectives for the company, and the challenges facing the life industry.
High yield segment of corporate bonds has attractive prospects for investors, says SEB
Irish Life & Permanent Group Holdings is selling its international subsidiary to SEB Life for 26m.