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Showing 11 - 20 of 22 results for "UK Life"

AMP faces $1 billion writedown

AAP  |  TUESDAY, 14 OCT 2003
... due to AMP's need to put a price on the business that reflects its market value, after failing to secure a buyer for the UK life insurance and funds management arm during the past six months," the newspaper said. The exact size of the writedown will ...

AMP details $1.2 billion rights issue as part of demerger

AAP  |  FRIDAY, 10 OCT 2003
... management company and HHG plc - the new name for AMP's UK operations which will include Henderson Global Investors and UK Life Services. Chief executive Andrew Mohl said in principle regulatory approval had been received from both the UK based Financial ...

Australian insurer AMP prefers UK demerger

AAP  |  TUESDAY, 30 SEP 2003
... capital requirement rules for British insurers. Some analysts say the FSA is concerned about the capital strength of AMP's UK life funds and may ask AMP to inject more capital into the business before approving a split. S&P credit analyst Mark Button ...

AMP updates market on demerger proposal

... Authority (FSA) released an industry consultation paper, which proposes new rules to determine capital requirements for UK life insurers," the statement said. "The new rules will begin in 2004 and are an important driver of AMP's UK Life Services business ...

AMP considers option of raising money from its shareholders

... the ownership of Henderson North, its asset management business in Britain. Henderson North is currently owned by AMP's UK life fund Pearl but AMP wants to transfer the ownership to what will be its new holding company in Britain once the de-merger is ...

AMP responds to demerger market speculation

WITH AAP  |  MONDAY, 11 AUG 2003
... uncertainty is understandable given the complexity of the proposed demerger and continuing uncertainty about the state of the UK life and pensions industry," Mr Mohl said. He said AMP was still working through many of the issues associated with the demerger ...

AMP to close its UK pensions entity NPI to new business

... AMP has announced that it will close its UK pension business NPI Limited to new business and manage it as part of its UK Life Services (UKLS) business. "After thorough consideration of all its options, we have decided that retaining the NPI book and ...

Yates takes charge of AMP's UK businesses

... responsibility for all of AMP's British businesses and report to chief executive Andrew Mohl. Ian Laughlin, head of AMP's UK Life Services business and UK Contemporary Financial Services business chief John Drabble, will each report to Yates. "These ...

"You have every right to be disappointed": AMP's Willcox

... billion of the new writedowns. The other half stemmed directly from our decision to reduce the share market risks in our UK life funds."

AMP announces demerger, $2.6 billion writedowns

... AMP's businesses along geographical lines - Australasia and the United Kingdom, reducing the equity market risks in the UK Life Services (UKLS) business through the sale of equities and an equity raising facilitate the demerger combining a $1 billion ...