LONDON The head of Lloyd's of London's Brexit operations is leaving to join Everest Insurance, the specialist UK insurance market said on Friday.
LONDON Amazon.com Inc is sounding out some of Europe's top insurance firms to see if they would contribute products to a UK price comparison website in what would be a major foray by the U.S. online retail giant into the region's financial services.
LONDON, Aug 16 Amazon.com Inc is
sounding out some of Europe's top insurance firms to see if they
would contribute products to a UK price comparison website in
what would be a major foray by the U.S. online retail giant into
the region's financial services.
LONDON Insurer Prudential is unlikely to split into two before late 2019, it said on Wednesday as growth in Asia helped it beat first-half profit forecasts.
LONDON First-half pre-tax profit at insurer and asset manager Standard Life Aberdeen fell 12 percent, with the firm's co-chief executives describing market conditions as challenging, but the early start of a buyback programme lifted its shares.
LONDON A British government pension scheme that looks after local authority retirement pots in West Yorkshire has more than halved its stake in hedge funds in favour of other alternative assets, according to its latest annual report.
LONDON Icy roads and frozen pipes due to bad weather in Canada and Britain hit insurer RSA's first-half operating profit on Thursday, though results were in line with analyst forecasts.
LONDON Hedge fund manager Elliott cut its stake in NXP Semiconductors after Qualcomm , the world's biggest maker of chips for mobile phones, called off a $44 billion deal to buy NXP last week, a recent filing with the U.S. regulator showed.
LONDON Lloyd's of London is reviewing all aspects of its business, including its centuries-old structure, to ensure it is cost-competitive and responsive to both clients and members, especially after Britain leaves the EU, industry sources said.
LONDON Ageas has not been approached by Chinese conglomerate Fosun International about a possible bid, the Belgian insurer's chief executive told Reuters on Friday, adding that he has met Fosun officials on only one occasion in the past.