Prudential executives are set to be interviewed in the coming days as part of an FSA probe into the insurance giant's failed takeover bid for AIA.
Tim Breedon, CEO of insurance group Legal & General (L&G), is to retire from the company at the end of 2012, when he will have completed a quarter of a century at the insurer.
Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.
The Association of British Insurers (ABI) today said it anticipates the cost of nationwide riots to insurers will reach £100m.
Insurance stocks worldwide took a big hit today in anticipation of lower future payouts following the huge earthquake and tsunami which hit Japan overnight.
Aegon UK CEO Otto Thoresen has been appointed as director general of the ABI and will take up his new role on April 4.
Omega Insurance, a Lloyds of London insurer in which Invesco Perpetual's Neil Woodford is the largest shareholder, has received a takeover approach from rival Canopus.
RSA's bid for part of Aviva's general insurance business could still happen but only if the offer is raised by around 10%, according to shareholder Ignis.
Prudential is eying the use of Lloyds-style contingent capital notes, known as CoCos, to help bolster its cash reserves and revive its £24bn takeover of Asian insurer AIA.