Life company analyst Ned Cazalet's latest solvency figures for the industry show an increasing numbe...
Life company analyst Ned Cazalet's latest solvency figures for the industry show an increasing number are facing financial difficulties. Among those with third quartile ratings are Friends Provident, National Mutual and Royal & SunAlliance. Cazalet said any groups in the fourth quartile were 'financially challenged', among those are Equitable, Sun Alliance & London and Alba. Among those in the top quartile are Standard Life, Clerical Medical, Prudential and Norwich Union. The ratings are calculated using a combination of the proportion of the excess funds after all liabilities had been...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
