London
Royal London announces strong performance for 2012
Financial results-EEV profit before tax and mutual dividend £336 million (+45%)1-IFRS profit before tax and mutual dividend £321 million (+111%)1Return…
Royal London to buy Co-operatives life insurance, asset management businesses
Under the transaction, Royal London will initially hold CIS and TCAM as subsidiaries and will maintain the CIS Long Term…
Scottish Life helps advisers become ‘RDR ready’
Scottish Life, a division of Royal London Group, has announced introduction of new business illustrations for advisers, in the lead…
Bright Grey revamps website to raise protection awareness
Bright Grey, a division of the UK’s Royal London Group, has redesigned its consumer-facing website as part of its new…
Code of conduct under scrutiny
LifeSearch, a UK protection intermediary, has warned against the poor industry selling practices of other distributors and the “laissez faire…
Aon migrates to the UK
In a major endorsement of London’s standing as a global financial centre, Aon has announced that it is to move…
US insurers fearing worst over accounting standards confusion
The on-again, off-again discussion of a single global accounting standard has US insurers on edge, but the long-term gain is…
Risk takes on a new meaning
In a world where economic uncertainty is far from being laid to rest, it may be surprising to learn that…
Judge deals Great-West a harsh financial blow
Great-West Lifeco has been dealt a severe fine by an Ontario Superior Court of Justice judge who has ruled against…
Insurers shoulder huge World Cup risks
With the FIFA Soccer World Cup underway in South Africa and set to run until 11 July, insurers and reinsurers…
Pandemic risk looms as large as ever, warns Lloyd’s
A source of major concern and attention until recently, the threat of a flu or other pandemic has been pushed…
Royal London enjoys the spoils of Resolution Life victory
Royal London, the UK’s largest mutual life insurance and pension company, has taken its place amongst the top three providers…
FSA calls for risk management rethink
Turmoil in global investment markets has created a need for life insurance companies to reassess their risk management, the UK’s…
Beleaguered Scottish Re jettisons international unit
As part of its strategy to dispose of non-core assets, Bermuda-registered life reinsurer Scottish Re has agreed to sell its…
PensionsFirst tackles defined benefit conundrum
PensionsFirst tackles defined benefit conundrum Claiming to offer a “groundbreaking new approach to managing longevity exposure and market volatility risks…