All articles by Verdict Staff
Verdict Staff
Manulife signs bancassurance partnership deal with Indonesias Bank Muamalat
Manulife and Indonesias Bank Muamalat have signed a long-term strategic bancassurance partnership.
How standard is the standard formula?
Emma Gerrard and Wolfgang Hoffmann from the life insurance consultancy practice at Towers Watson explain why, for the vast majority of insurers across Europe, the use of the standard formula to calculate the Solvency Capital Requirement (SCR) under Solvency II is the natural choice
Partnership lands £23m medically underwritten bulk annuity deal
Partnership, the UK-based enhanced annuities provider, has completed a £23m ($34.3m) medically underwritten bulk annuity deal to de-risk circa 140 pensioner members of a shipping companys pension scheme.
UKs Prudential Regulation Authority publishes rules on Solvency II
The Prudential Regulation Authority (PRA) has published its final rules setting out how it will implement the Solvency II Directive (Solvency II) in the UK.
Friends Life launches Global Treatment product
Friends Life has launched Global Treatment, offering its UK customers access to medical staff and treatments around the world.
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Life insurers urged to grasp the mobile opportunity
Google UKs industry director for finance, Ian Morgan, has urged life insurers and pensions providers to make their products more mobile friendly and enable the industry to interact more effectively with consumers.
Anbang Insurance to buy 57.5% stake in life insurer Tong Yang
Beijing-based Anbang Insurance Group has entered into an agreement to buy 57.5% stake in South Korean life insurer Tong Yang for KPW1.1trn (US$1bn) from Vogo Investment.
ICICI Bank, Prudential to offload stake in insurance JV
ICICI Bank and Prudential are planning to sell up to a 5% stake in their life insurance venture, ICICI Prudential Life Insurance, to financial investors at a valuation between $5-6bn.
Nippon Life, Dai-ichi plan to acquire 5% stake in Resona bank-report
Japanese insurers Nippon Life and Dai-ichi Life are reportedly engaged in negotiations with local banking group Resona to purchase a 5% stake in the bank.