Hi,
I had the following questions regarding the impact of change from BLAGAB to profit basis
1) What would be the impact of the transfer on shareholders?
2) In case of additional tax being paid by the company, would it pass it onto the policyholder for new/existing business?
3) If the term assurance business is written as a loss-making business, what would be the impact of this transfer?
4) Why would the company consider purchasing another life insurance company or other blocks of business? Would it be only to consider practical help such as system and administration post change?
Thanks
Last edited: Mar 21, 2024