Insurer Royal London said Tuesday that it has covered £55 million ($73 million) of pension liabilities for a shipping insurance company, in a deal guided by Hogan Lovells and Wedlake Bell.
Insurer Royal London said Tuesday that it has covered £55 million ($73 million) of pension liabilities for a shipping insurance company, in a deal guided by Hogan Lovells and Wedlake Bell.
The Financial Conduct Authority said Tuesday it has censured the Institute of Certified Bookkeepers for serious deficiencies in its anti-money-laundering supervision, its first enforcement action against a professional body supervisor.
TPT named the four firms that will advise its new defined benefit superfund on Tuesday, as the pension plan operator moves toward regulatory assessment.
Swiss insurers Helvetia and Baloise have said that they have won the final approval for their planned merger, confirming that the deal to create the second-largest insurance group in Switzerland will close on Dec. 5.
Insurer AXA has said that it has raised $340 million in the first round of funding for the Infrastructure Resilience Development Fund, which it launched in collaboration with Insurance Development Forum, a public-private industry partnership body.
