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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

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

The global investment firm now has a majority position

Equilibria Capital Management Limited has increased its equity stake in Argus Group Holdings Limited

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

As recovery efforts continue in Baltimore, analysts are saying the final bill will tally in the billions

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