Mark Mullin, a 22-year veteran of Aegon, was formerly executive vice president for Aegon USA
$1.2 bn per annum portfolio makes Hannover Re fifth-biggest individual life reinsurer in the US.
Approval could mean 20 new takaful clients within one year
Transaction relates to life and annuity reinsurance business
AM Best describes new entity as ‘natural extension’ of parent company’s life re network
£753m deal represents 760,000 insurance and pension policies
Deal allows for distribution of life, medical and employee benefit policies
Non-collateralisation transaction for AEGON Scottish Equitable is rated A by Fitch
Deal will allow for regional expansion of the company’s life products
Scottish Re flagship subsidiary suffers increased financial stress. Buyer for remaining operations urgently sought.
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