With-Profits Policy

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With-Profits Policy

A chiefly British and Commonwealth term for a participating policy.
References in periodicals archive ?
ALAC also manages two with-profit funds, other non-profit funds and a small permanent health insurance book.
5% of its actuarial surplus as Bonus to with-profit policy holders every year.
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.
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.
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 valued 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.