The world of international life offices seems to be hitting a very sorry note indeed. It is actually...
The world of international life offices seems to be hitting a very sorry note indeed. It is actually inaccurate to say the industry is 'consolidating' ' for the simple reason that there seems to be no interest from anyone to buy them. Abbey National is a prime case in point. In its annual shareholder meeting, the bank announced it planned to concentrate on the UK financial services market ' and made no secret of the fact that it wants to get rid of three offshore life companies: Scottish Provident Ireland and Scottish Mutual International in Dublin, and Scottish Provident Internationa...
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