UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]
Investment within the insurtech and fintech sectors continues, despite the Corona outbreak. One area where transformation is overdue is the Life and Pensions sector, where a `buy it, store it and forget it’ approach has […]
The European Insurance and Occupations Pensions Authority (EIOPA), has today published its second report on cost and past performance of insurance-based investments products (IBIPs) and personal pension products (PPPs) in the European Union. The report is published following a request from […]
Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £57bn at the end of January 2020 to £68bn on […]
Phoenix Group has formally made an offer of around £3.2 billion to Swiss Re for its shareholding in ReAssure Group. If the deal goes through Phoenix will add about £84 billion in assets, or about […]
The Financial Conduct Authority (FCA) has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on […]
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Dentists’ Provident, a mutual organization and a leading provider of income protection insurance to dentists […]
The Prudential Insurance Company of America (PICA), a subsidiary of Prudential Financial, Inc. (PFI), a financial services leader with more than $1 trillion in assets under management as of June 30, 2019, with operations in […]
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