Industry
Generali actions major revamp of investment, life arms including two CEO changes
The regions in the new revamp are Mediterranean and Latin America, Central Eastern Europe and Asia
Utmost Group posts 15% rise in operating profits to £212m amid Quilter integration
Annual premium equivalent decreased by 12% while value of new business increased by 16%
Mediolanum names ex-Goldman Sachs director for senior adviser role in Germany
She will work closely with Luca Matassino, Chief Business Officer at Mediolanum
Ludlow Trust buys C. Hoare & Co’s UK trust business
The latest deal follows Ludlow Trust’s recent acquisitions of Saffron Tax Partners and Charter Tax
AllianzGI gets approval for wholly foreign-owned funds unit in China
In 2019, Allianz got approval from the Chinese regulator to establish the first ever foreign wholly owned insurance holding company in mainland China