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Netherland-based insurance group Aegon has agreed to sell its two largest US run-off businesses, the pay-out annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re. 22 May 2017
Insurance
Many African insurers are insufficiently capitalized and lack financial stability, which could dampen consumer confidence, according to a the 2nd Africa Insurance Barometer, launched at the 44th AIO Conference & General Assembly in Kampala, Uganda. 22 May 2017
Insurance
As the re/insurance industry changes and evolves, it is becoming more attractive to young people—and they look increasingly essential to its future. As part of a wider feature available online, Intelligent Insurer speaks to young executives—all 35 and under—who are making waves in the industry. 22 May 2017
Insurance
Reinsurance broker and consultant JLT Re North America has appointed Greg Messenger as executive vice president in Chicago, Illinois. 19 May 2017
Insurance
Re/insurer XL Catlin has added two new members to the Canadian environmental insurance team - Marc Estrada as team lead, and Brian Hughes as assistant vice president, underwriting. 19 May 2017
Insurance
Germany-based legal expenses insurance provider ARAG has expanded its claims handling teams with three new appointments. 18 May 2017
Insurance
Mergers and acquisitions (M&A) activity will pick up in 2017 across all insurance sectors, driven, among others, by soft market conditions and insurers seeking scale, according to a study by Conning. 17 May 2017
Insurance
Property/casualty insurer Chubb has appointed Lord Adair Turner as non-executive chairman of two of its key European companies - Chubb European Group and Chubb Underwriting Agencies. 17 May 2017
Insurance
JLT Specialty USA, a subsidiary of Jardine Lloyd Thompson Group, has appointed Gabe Levitt as executive vice president. 17 May 2017
Insurance
AXA has appointed Joyce Phillips as CEO of a new business unit dedicated to customer innovation and new business models. 17 May 2017
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