Life - Articles - Resolution to return to traditional life model


 Resolution has reported pre-tax operationg profits for the half year of £163m compared with £277m-7% below analysts' forecasts.

 Significantly, it is moving to a more conventional life company structure, will not be splitting into two companies representing closed and open books, and will not be seeking further UK acquisitions.

 The external management structure will be removed, founder Clive Cowdery will join the board, and Andy Briggs, head of Friends Life, will become chief executive of Resolution.

Back to Index


Similar News to this Story

APAC life insurance industry to reach $1.6 trillion by 2029
The Asia-Pacific (APAC) life insurance industry is projected to grow at a compound annual growth rate (CAGR) of 7.3%, from an estimated $1.2 trillion
Labour scores badly on tackling crisis in adult social care
Just Group launches its 13th Care Report: Social Care Reform - Stuck in the Waiting Room. Over-45s twice as likely to agree than disagree that the pro
Two in five men are unaware of cancer risk
Just two in ten men believe they are at high risk of developing cancer. Two-thirds (66%) don’t realise the impact of genes and ethnicity in the risk o

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.