Run-off to drive further consolidation in Europe: Moody’s
As European life insurers find it difficult to achieve organic growth, many are opting to place or buy run-off portfolios, according to the latest report from Moody’s.
Former Lloyd’s CFO John Parry joins Armour
John Parry has been announced as group chief financial officer of Bermudian run-off specialist Armour Group, and will start in the role in June.