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Life companies will have to change their business models as sales of insurance bonds fall in favor of mutual funds say advisers, in new research find
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AXA Group has added Gerald Harlin, deputy CFO and executive vice president of finance and control, and Mark Pearson, CEO of AXA Life Japan and AXA Ja
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Citibank China has launched Lohas Life, a new life annuity product for its customers in Beijing and Shanghai. The new offering is a tailor-made produ
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Following a detailed review of opportunities, Zurich Financial Services has decided to withdraw from the bidding for the insurance business of Royal
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Swedish bank Handelsbanken has reported that in full-year 2005, operating profit increased by 16% to SEK15.7 billion.
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Swiss investment bank UBS has announced plans to outsource its IT and back-office operations to Hyderabad, India. The new offshore center will join a
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Investment Professionals, a private investment brokerage and asset management firm, has announced that it is opening up two new regions in the Northe
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Pershing, a subsidiary of The Bank of New York Mellon Corporation, has added 10 new solution providers to its ValueAlliance program.
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