AT times of market volatility, a strong asset liability management (ALM) strategy is crucial. Friends Life, the London-based international life and pensions group, stands out for its sophisticated approach to ALM.
Part of insurance entrepreneur Clive Cowdery’s investment acquisition vehicle Resolution, Friends Life was formed by the £2.75 billion merger of Axa’s UK life business with Friends Provident, which Resolution had acquired in 2009.
Evelyn Bourke, chief commercial officer of Friends Life
The week on Risk.net, December 2–8, 2017Receive this by email