We have been authorised by the Insurance Authority of Hong Kong to carry out long term insurance business since our branch office opened in 1991.
Whilst our head office is based in the Isle of Man, we also have a local dedicated team to provide sales, marketing and customer service support. They are highly experienced and have a wealth of local market knowledge and international exposure.
We are one of the major offshore investment services providers in Hong Kong and have been a Patron of Independent Financial Adviser Association since 2006, as well as a corporate member of the Institute of Financial Planners of Hong Kong.
Skandia International's worldwide offices
Old Mutual plc
We are part of the wealth management business of Old Mutual plc – listed on the London Stock Exchange and the Johannesburg Stock Exchange, among others.
Founded in South Africa in 1845, the Group provides life assurance, asset management, banking and general insurance to more than 14 million customers in Europe, the Americas, Africa and Asia.
In the year ending 31 December 2013, the Group reported adjusted operating profit before tax of £2.3 billion (on an IFRS basis) and as at 31 December 2013 had £294 billion of funds under management, from core operations.
On 21 March 2012 Old Mutual plc sold the Skandia businesses in Sweden, Norway and Denmark to Skandia Liv. All Skandia businesses and their customers outside of Sweden, Norway and Denmark are unaffected by this transaction.
Isle of Man
Under the Isle of Man law, investor protection schemes are designed to be a safety net for policyholders and could allow investors to claim compensation in the unlikely event that the life company becomes insolvent. The rules governing such schemes and specific rights for each policyholder vary from one jurisdiction to another.