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Life
Over $2bn in unclaimed funds held by Indian insurers
Nearly 70% of the funds are held by the country’s biggest life insurer
Business Code delay done to help life cos, IoM’s Pickering says
Implementation of commission disclosure pushed back to give firms ‘breathing space’
Isle of Man’s business code delay to ‘finalise development’, says MIA
Worldwide fee and commission disclosures in Key Information Document to take effect on 1 July 2019
Chubb Life launches critical illness policy in Hong Kong
Cover offers premium waiver benefit for major illness of policyholder’s spouse or child
Hong Kong to set new broker caps on the number of insurers
Aim is to limit the number of insurers that can be represented by a licenced agent or agency
Investment | 1 Nov 18
US to make annuity and life insurance contracts clearer
The move would ensure greater disclosure of information
Five views on the Isle of Man’s conduct of business rules
Less focused businesses will suffer, and it will take time to become fully effective, say CEOs
AMP sells Australian life and advice business to Resolution
Company shares fell by a quarter after a deal was announced
Indian insurance regulator accused of discrimination
People with birth defects not covered under current rules
News 11 Oct 18
Work needed to improve cross-border advice industry, OMI says
Industry has a responsibility to call out bad behaviour
