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, July 7-13, 2018Receive this by email