Australia embarks on reforms to superannuation market
Sweeping reforms to Australias A$1.3trn ($1.3trn) superannuation (super) market are on the way, following the governments acceptance in large measure…
ByMonth: January 2011
Dai-ichi wants 100% of Tower Australia
This follows acceptance of an offer by Dai-ichi to acquire the 71.04% of Tower it does not already own by…
ByTransamerica life reinsurance solution awarded US patent
Indicating that it has developed something out of the ordinary, Transamerica Reinsurance has been awarded a patent in the US…
ByNew York regulator fines Citicorp for mis-selling
In a crack down on the mis-selling of retirement products, the New York State Insurance Department has extracted a $2m…
ByTough times ahead for French insurers
Frances life insurance industry recovered in 2009, recording a 12.8% increase in gross premium income compared with 2008 to 138.3bn…
ByUnmarried US workers gamble with danger
Despite most US companies offering open enrolment to life and disability insurance plans, only 39% of single and never married…
ByWealthy repatriate offshore funds en masse
Driven by a massive repatriation of offshore assets by wealthy individuals, change is sweeping wealth management markets, reveals a study…
ByGenworth exits US variable annuity market
In an unusual move for a major US life insurer, Genworth Financial has announced that it is to cease writing…
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