7.30am It's Wednesday morning, and Charles Thomson, the chief executive of Equitable Life, is preparing for one of the busiest days in his seven-and-a-half-year stint at the helm of the ill-fated life assurer.
According to life assurer Prudential, the most popular places for Brits to retire are Spain, Australia and France, followed by the US, Canada, South Africa and Cyprus.
Equitable, a British mutually owned assurer, blames the defendants for its near collapse in 2000.See articleFortis, a Belgian-Dutch banking and insurance group, said it would acquire Disbank, a Turkish bank, in a deal worth euro985m ($1.27 billion).
Not to be left out, Liberty Life, the third-biggest life assurer, is forging a close alliance with Standard Bank, Africa's largest banking group.The big retail banks hope that tie-ups with insurers will help them to spread the burden of their costly branch networks they spend a hefty 65 rand for every 100 rand of income on average and to boost income.
A software project control center (SPCC) is a means for collecting, interpreting, and visualizing measurement data in order to provide purpose- and role-oriented information to all involved parties (e.g., project manager, quality assurer) during the execution of a project.
Allied Domecq has become a more attractive target since it began talks to shed its pub chain.Exchanging placesFollowing the example of other South African firms, Old Mutual, the country's biggest life assurer and financial-services group, plans to list in London in July.
It is about being honest about what is possible and what is not, explaining the reasons why, and allowing our stakeholders and independent assurers the opportunity to form their own opinion.
One analyst reckons that around a third of Germany's life companies could disappear over the next five years.Over the border, Swiss Life, Switzerland's largest life assurer, is in critical condition.
Last month, First National Bank and Southern Life, the country's fourth-largest life assurer, told their shareholders they were talking.
Directors have often been sued by shareholders, and former directors of Walt Disney, Hollinger International, a newspaper group, and Britain's Equitable Life, a life assurer, are also currently the targets of high-profile lawsuits.
