Darren Sissons Standard Life SL-LSE COMMENT May 04, 2015

It’s a good insurance company, but it is much more of a domestic UK focused story. Solvency 2 is the insurance regulation that is going to be introduced in the next few years, so insurance companies are building assets to build their balance sheets, which will slow the growth. He would prefer Prudential (PUK-N) as a better alternative.

Sold its Canadian operations recently, so it has the cash from that. Life insurance is the most boring business, but if you do it successfully it works out okay. The major thing for life insurance companies is where long-term interest rates go. A conservatively run, very sound European-based life insurance company.