Fidelity embarks on asset separation

Eagle Asset Management now sits within the Zimre Holdings Group, which includes CredSure, Emeritus Insurance, Fidelity Life Assurance Company, ZimRe, Flimas, and other subsidiaries.

FIDELITY Life Assurance (FLA) has begun to transfer shareholder assets to policyholders in line with the regulatory asset separation exercise.In July this year, the company indicated that the asset separation implementation plan had been approved by the regulator, the Insurance and Pensions Commission (IPEC), based on submissions that underwent thorough actuarial review and independent assessments…

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