Zurich enters passive market with Middle East adviser offering
Zurich International Life has launched a set of low cost passive funds that will offer financial advisers a simple investment solution for their customers in the Middle East.
Zurich International Life has launched a set of low cost passive funds that will offer financial advisers a simple investment solution for their customers in the Middle East.
Asia Pacific was the only Zurich region to report a rise in new business value (NBV) during Q1, while Latin America was the outlier in an otherwise positive set of annual premium equivalent (APE) results.
Zurich is to launch a workplace savings scheme in a deal with investment consultants Mercer.
Retirees in drawdown are at risk of running out of money in retirement, as a third have no investment experience and two in five are not getting any financial advice or guidance, research from Zurich UK has found.
The average age of life insurance claimants in the Middle East is just 50, according to Zurich International Life’s yearly claims statistics.
Zurich has sold its 25% stake in Openwork two years earlier than expected, handing majority ownership to the IFA network’s partners.
Gary Shaughnessy is to step down as chief executive for Zurich Europe, Middle East & Africa in the fourth quarter of 2018 for health reasons. His successor has been named as Axa’s Amanda Blanc.
Zurich UK has agreed to acquire Oak Underwriting in a move that the company believes will transform the firm’s scale in the high net worth sector.
Marlborough hires a head of business development from Brooks Macdonald, the Chartered Institute for Securities & Investment appoints a board chairman, while a former Blackrock employee joins State Street to head ETF model portfolios.
As the Abu Dhabi headquartered Insurance Authority drags its heals on finalising sector reform, many businesses are anticipating what the incoming regulations will mean for them and pressing ahead with new strategies.
Advisers and their clients will be able to digitally rebalance investments using a digital offering launched by Zurich International Life.
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.