Isle Of Man
Life offices fight for survival post commission disclosure
Proposals that could significantly change how insurance companies operate in the UAE stand to benefit Isle of Man-based life companies over the longer term, according to key industry figures on the island.
Charles Taylor agrees to buy Zurich’s closed book
Isle of Man-based Charles Taylor has agreed to buy one of Zurich’s closed book of international life assurance business as well as Allied Dunbar International Fund Managers.
Life companies top IoM financial ombudsman complaints
Life companies were the most complained about financial services providers on the Isle of Man last year, according to figures released by the island’s Financial Services Ombudsman.
People Moves | 10 Nov 16
PEOPLE MOVES: Zurich, Wren Sterling, Isle of Man FSA
Zurich has made two senior appointments as group chief executive Mario Grecco continues building his team. Wren Sterling has named an ex-Aviva man as its new chief executive, while the Isle of Man Financial Services Authority has announced four senior people moves.
Tax & Regulation | 8 Nov 16
UK fights to keep crown dependencies off EU tax haven blacklist
The UK government is fighting to keep Guernsey, Jersey and other British overseas territories off the EU’s planned blacklist of offshore tax havens.