WORLD INSURANCE
Legal & General appoints European chief of Columbia Threadneedle Investments to lead investment arm
UK insurer Legal & General PLC (LON:LGEN) has appointed Michelle Scrimgeour, the European chief of Columbia Threadneedle Investments, as chief…
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Hannover Re appoints Jeff Burt as president of US unit
Hannover Life Reassurance Company of America, the US unit of German reinsurer Hannover Re, has appointed Jeff Burt as new…
Total claims paid by MetLife UK’s MultiProtect hits record £8.6m
MetLife UK paid a protection claim every hour last year, paying out a record of £8.6m in total paid in…
Former Lloyd's of London chairman David Rowland passes away
David Rowland, chairman of the Lloyd's of London between 1993 and 1997, has passed away, Lloyd's said in a statement.…
AXA XL to cut 711 jobs in Europe as it begins major restructuring
After the closing of the acquisition last September, AXA XL began transferring employees in Europe into a single employing company…
NN Group supervisory board chair Jan Holsboer to step down
Holsboer, chair of the supervisory board of NN Group, has decided to step down from his role. He was appointed…
Allianz posts record €11.5bn operating profit despite "strong market volatility"
German insurance giant Allianz posted a record operating performance in 2018, reaching the upper end of its target. It also…
