AXA received court approval for its plan to distribute the bulk of nearly £1.7 billion ($2.5 billion) in “Orphan Assets”...
United Kingdom News
Equitable Life’s ongoing financial problems are causing political turmoil in the U.K., after a leaked memo revealed that the Treasury...
France’s AXA Group defended its decision in a London court on Monday to payout only a portion of its subsidiary...
Even as battered Britain was cleaning up the damages caused by severe floods in October, a new combination of heavy...
At least one mutual life insurer seems to be alive and well, as the U.K.’s Standard Life, Europe’s largest, announced...
Australia’s AMP has taken some steps to try to offset the losses it has suffered since taking over the troubled...
The ‘A+’ financial strength rating (FSR) on Zurich Financial Services Group was affirmed by A.M. Best. The rating is applicable...
The U.K.’s Prudential has pulled out of the bidding for Britain’s oldest mutual insurer, Equitable Life, leaving no one left...
General Wilson C. “Bill” Cooney has joined the board of directors for InsuranceNoodle.com, a Chicago-based insurance e-broker. Cooney is chairman...
As expected, Royal Bank of Scotland has been ordered to pay an estimated £50 million ($72.5 million) in compensation to...