Over the last couple of months there have been some
significant developments on the Solvency II front and a picture is
beginning to emerge on what Solvency II might look like in practice...............
The European Cross-Border Market continues to develop
and grow from each year to the next. In common with any developing
market there have been some casualties but there have been many more
success stories...............
Solvency II is going to represent the biggest change
to the Insurance industry in Europe since the introduction of the
1 st European Life Directive...............
In the annual analysis performed by offshore actuaries
Boal & Co, Isle of Man has dropped to third place for cross border
life assurance business, whilst Ireland has strengthened its position
as the number one location..............
On the 24th May 2004 the Irish Financial
Services Regulatory Authority published its response to Consultation
Paper No.1 on the subject of IFSRA’s funding..............
In the recent analysis performed by offshore actuaries
Boal & Co, Ireland has emerged for the first time as the number
one location for cross border life assurance business................
On Wednesday 2nd April 2003, Boal & Co
welcomed almost 50 clients and leading insurance executives to their
Dublin seminar, "Cross-Border Insurance 2003: Issues and Opportunities"..............
Boal & Co (Pensions) Ltd was successful in its
application to the Isle of Man Government Insurance and Pensions
Authority (IPA) as a professional Registered Schemes Administrator..............
A guided tour of each of the offshore product categories
featuring in Portfolio International’s Second Annual International
Life Industry Awards.............
The past two years have been challenging times offshore
as the Isle of Man life assurance industry has navigated through
difficult conditions.............
Last year, some 40,000 investors around the world chose
to start saving for retirement through pension plans with offshore
insurance companies, investing £200m pa in doing so.............
With the enactment of the Retirement Benefits Schemes
(International Schemes) Regulations 2001, the Isle of Man has now
implemented an extensive regulatory framework............
Whilst the offshore Investment Bond product genre can
place its roots firmly in the UK industry, the Personal Bond is almost
unique in life assurance terms to the offshore marketplace...........
July's International Wealth Management looked
closely at single premium investment bonds, which collectively form
one of the bedrocks of the offshore life industry. This time the
product area under the microscope is the offshore pension plan..........
The first of a series of articles for International
Wealth Management, examining many of the products that are
available internationally from the offshore life assurance sector..........
