Report shows total income rising 11 per cent during the year while expenses also increase.
Management says move is consistent with strategy to grow fee-based and capital light business.
United Kingdom segment divestment to free up £60-million of capital over time.
Pension buy-in fully insures the company’s United Kingdom defined benefit pension liabilities.
The insurer once again topped $7 billion mark in net income attributed to shareholders, after reaching this milestone in
Collaboration combines latest seismic hazard information with secondary peril enhancements.
After passing the $3 billion mark in 2021, the insurer kept the momentum in 2022, bolstered by Q4 results.