with-profits


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Related to with-profits: terminal bonus, With profits policy

with-profits

adj
(Banking & Finance) finance (of an insurance policy, investment, etc) paying a bonus linked to the issuing company's annual profits
Translations

with-profits

[ˈwɪθˈprɒfɪts] ADJ with-profits endowment assuranceseguro m dotal con beneficios

with-profits

adj policy etcmit Gewinnbeteiligung
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References in periodicals archive ?
January to July 2000: Equitable withholds growth from all with-profits policyholders to cover GAR liabilities.
with-profits companies are rated AA/Stable/--, other core subsidiaries AA-/Stable/--) are unaffected by Aviva's announcement of a 13% decline in operating profits to GBP828 million ($1.
7 billion in bonuses for 2007 to the value of its customers' with-profits policies after a year when its with-profits fund delivered an investment return of 7.
The group blamed three years of falling stock markets for its decision to cut the terminal bonuses it paid on some life and pension products invested in the AXA Sun Life and Sun Life Assurance Society with-profits funds.
The group, owned by Abbey, cut the terminal bonuses paid on conventional with-profits policies which are less than 30 years old to zero.
As expected, the Pru cut its full-year dividend to 16p a share and said it was also lowering annual bonuses paid to with-profits pension holders.
Prudential said it was cutting annual bonuses on its with-profits pensions policies to 3.
life with-profits companies--to stable from negative.
The figures underlined the success the 167-year-old organisation has had in maintaining its with-profits book as those of its bigger competitors have dwindled.
Policy holders eligible for the Equitable Life Payments Scheme include those who hold, or have held, one or more of the following policies: Equitable Life Conventional With-Profits (CWP) policy bought between 1 September 1992 and 31 December 2000 inclusive; Equitable Life Accumulating With-Profits (AWP) policy (both individual and group scheme policies) that either started between 1 September 1992 and 31 December 2000 inclusive, or had at least 1 premium paid into it between 1 January 1993 and 31 December 2000 inclusive; and Equitable Life WPA (With-Profits annuity) policy bought between 1 September 1992 and 31 December 2000 inclusive.
With-profits products provide protection for customers who wish to invest in the stock market but don t want to be exposed to the full impact of volatile market conditions.
It said a PS10,000 with-profits bond purchased 10 years ago is now worth PS17,082, while the same amount of money invested in a typical savings account would have grown to PS12,228.