WORLD INSURANCE
Aon will not buy Willis Towers Watson
Re/insurance broker Aon has said it will not buy Willis Towers Watson. Its announcement comes within 24 hours of it…
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Aviva reports UK profit rise for 2018
Combined operating ratio remained flat at 93.8%. Aviva has posted a 4% rise in operating profit for the UK general…
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…
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…