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An Introduction to Offshore Life Assurance Business

Author

Listed:
  • Boal, G.F.
  • Tyrer, L.S.

Abstract

Over the last 10 years, in centres surrounding the United Kingdom, a cross-border insurance industry has been developing — an industry which is exporting British expertise in life assurance and investment products on a large scale to a world-wide market. The industry is offshore life assurance. The purpose of this paper is principally to outline what this industry is and why it exists. The particular financial management and operational management issues resulting from this activity are highlighted and explored in subsequent sections. The paper concludes with an assessment of market trends and future development in what is a very young, dynamic and highly competitive market.

Suggested Citation

  • Boal, G.F. & Tyrer, L.S., 1995. "An Introduction to Offshore Life Assurance Business," British Actuarial Journal, Cambridge University Press, vol. 1(3), pages 421-469, August.
    • Handle: RePEc:cup:bracjl:v:1:y:1995:i:03:p:421-469_00
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