Overview:

Introduction

The Life and Pensions Competitor Tracker tracks strategic developments in product innovation, customer targeting, M&A, partnerships and organic growth. It provides expert analysis about trends developing in the global market, supported by the strategic moves of 42 of its leading competitors.

Features and benefits

* Detailed insight into product innovation within life and pensions
* Offers insight into which emerging markets life and pensions providers are focusing their efforts upon

Highlights

Product innovation strategies by competitors continue to outweigh activities in mergers and acquisitions, partnerships or organic growth. Innovative solutions to protection products continue to be at the forefront of competitors' minds.

Your key questions answered

* Track the strategic developments announced by 42 of your key competitors.
* Assess which geographies and strategic areas are seeing the most activity.

OVERVIEW
Catalyst
Methodology
INTRODUCTION
The Life and Pensions Competitor Tracker provides both one-month and 12-month views of developments
Datamonitor tracks 42 key life and pensions providers and distributors each quarter
Datamonitor’s Life and Pensions Team provides analysis of the key developments
A fully searchable database of developments in the past 12 months is also delivered alongside the report
KEY TRENDS AND DEVELOPMENTS IN Q4 2010
Q4 2010 has seen some competitors focusing on specific strategies and areas of the life and pensions market
Workplace marketing was a major focus for Aviva in Q4 2010
AXA, Zurich, and Manulife are specifically targeting Asia
Competitor activity increased in the final quarter of 2010
2010 has been a turbulent year for competitors looking to grow and innovate
M&A activity and organic growth have overtaken product innovation and customer targeting in competitor developments
Competitor developments were not concentrated on a single product line during Q4 2010
Domestic markets remained the focus of product innovation in Q4 2010
M&A, organic growth, and partnership levels peaked in December 2010
Customer targeting has been negligible, as product innovation remains the focus of product providers
PRODUCT INNOVATION AND CUSTOMER TARGETING
Aviva
UK: Aviva launches new services for tech-savvy professionals – December 2010
UK: Aviva announces new proposition in guaranteed fund – November 2010
UK: Aviva introduces salary exchange calculators for advisors – November 2010
France: Aviva announces launch of Aviva Retraite Madelin – October 2010
BNP Paribas
France: BNP Paribas Assurance launches new website for retirement planning- October 2010
Friends Provident
UK: Friends Provident announces latest online seminar and tool – November 2010
UK: Friends Provident announces revised bonus rates – October 2010
Legal & General
UK: Legal & General announces tax-saving regular investment plan – October 2010
Lincoln National
US: Lincoln Financial Group launches a variable insurance product – December 2010
US: Lincoln Financial Group improves retirement plan services with upgrade in technology – October 2010
Manulife Financial
Vietnam: Manulife announces launch of new whole life product – December 2010
Prudential
US: Prudential Retirement launches new insured deposit account – November 2010
Taiwan Life Insurance
Taiwan: Taiwan Life launches new anticancer risk policy – November 2010
The Hartford
US: The Hartford proposes to lower the cost of life insurance for Americans suffering from heart disease – December 2010
US: The Hartford proposes to provide education on Employer-Sponsored Retirement Plans – October 2010
M&A, PARTNERSHIPS, AND ORGANIC GROWTH
AMP Life
Australia: AMP joins with Bendigo Bank to distribute products to retail customers – December 2010
Australia: AMP Capital ends partnership with Meridien Retirement Living – October 2010
Aviva
Italy: Aviva continues life insurance distribution partnership with UBI Banca Group – December 2010
Poland: Aviva signs contract with BGŻ Bank for bancassurance co-operation – December 2010
France: Aviva buys stake in Société d’Epargne Viagère – November 2010
UK: Aviva announces new underwriting center for advisors – October 2010
AXA
Asia Pacific: AXA acquires Asian business of AXA APH – November 2010
China: AXA signs deal with ICBC and Minmetals to expand presence in China – October 2010
Crédit Agricole
France: Crédit Agricole assurance finalizes acquisition of Axeria Vie – December 2010
Lincoln National
US: Lincoln Financial Group announces distribution partnership with Humuna – December 2010
Manulife Financial
Indonesia: Manulife Indonesia announces direct marketing agreement with Macquarie Precision Marketing – December 2010
Malaysia: Manulife opens new support center in Kuching region – December 2010
Philippines: Manulife announces expansion in Metro Manila – October 2010
Hong Kong: Manulife Financial opens new Hong Kong headquarters – November 2010
Prudential
US: Prudential Financial announces completion of acquisition of AIG Star and AIG Edison – November 2010
Prudential UK
UK: Prudential UK signs agreement with GlaxoSmithKline to buy bulk annuity – November 2010
Standard Life
UK: Standard Life announces acquisition of Focus Solutions Group – December 2010
The Hartford
US: The Hartford sells Specialty Risk Services to Sedgwick Claims Management – December 2010
Zurich
Lebanon: Zurich acquires Compagnie Libanaise D’Assurances in Lebanon – December 2010
US: Zurich re-launches life products in US market – November 2010
Spain: Zurich to sell its 50% stake in life and general insurance companies to Unmin – November 2010
Indonesia: Zurich acquires Indonesian business of PT Mayapada Life – November 2010
China: Zurich announces participation in share issue of New China Life Insurance – October 2010
APPENDIX
Methodology
Ask the analyst
Datamonitor consulting
Disclaimer