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Life back-book consolidators shrug off threat from rising rates

Rising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports

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Talanx buys Italian non-life firm from Apollo

The purchase is part of the German firm's plan to be in the top 10 of Italian non-life insurers

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Athene records $1.1bn loss driven by Covid-19

The pandemic's financial impact on the life reinsurer is expected to be temporary says its CEO

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Hedge fund Elliott Management snaps up US life insurer

Activist investor has teamed up with Wand Partners for Prosperity deal