With-Profits Policy

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With-Profits Policy

A chiefly British and Commonwealth term for a participating policy.
References in periodicals archive ?
When it changed from being a member-owned mutual to a shareholder-owned firm, listed on the London Stock Exchange, people who had with-profit policies such as endowments, pensions and bonds were allocated shares.
When they changed from being a member-owned mutual to listing on the London Stock Exchange, people who had with-profit policies such as endowments, pensions and bonds were allocated shares.
His consultancy experience covers a wide range of life insurance business areas, including statutory and financial reporting, managing with-profit business, pricing, strategy, and mergers and acquisitions.
Your cash questions QI HAVE a with-profit bond investment that I have held for more than 15 years.
454 billion as bonus on with-profit policies of the policyholders as per the actuarial evaluation of 2011.
HOLDERS of heavily criticised with-profit funds shouldn't get their hopes too high as insurers prepare to announce bonus rates, says Patrick Connolly, at financial adviser AWD Chase de Vere.
If you invest in with-profit funds, your capital will be pooled with other investors' money and invested in a combination of bonds, cash, shares and property.
The surplus assets in the with-profit fund, known as the inherited estate, was valued at Au2.
In a letter to Mr Kinder, Friends Provident said: "As you know, Friends Provident has recently conducted a review of its with-profit final bonus rates.
With-profit funds, on the face of it, look to have done investors proud in recent times.
INSURANCE giant Aviva said today that payments averaging pounds 1,000 are to be offered to one million policyholders in two of its Norwich Union Life's with-profit funds.