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The deal includes $12.5bn of reserves backing guaranteed universal life policies

Appointee is completing his service as the Massachusetts Insurance Commissioner

Jessica Almeida Harris and Katie Martin become senior associates at the firm

Investment income of $276m represents a 47 per cent increase year-over-year

The global investment firm now has a majority position

Justin N Doherty has taken over as the new president and chief executive officer

The market benefited from strong results on the underwriting and investment sides

Daniel O’Connell will be appointed as the active underwriter of the new initiative

Bermudian-registered exempted company has a fleet of two ultra-deep-water drill ships, and two premium jack-up drilling rigs

Based in London, he will report to Anne Marie Elder, global chief underwriting officer, Specialty