Christopher Cundy

L&G doubles retail annuity sales, but PRT business slows in H1

More than £24bn of active PRT deals in UK, most of which to transact this year

Eiopa consults on Solvency II proportionality rules

Authority expands on conditions for granting proportionality, following review of directive

URS supplies risk modelling tech to Uzbekistan's leading insurer

Milliman collaborates with Californian firefighters to develop wildfire mitigation database

Royal London completes first external PRT deal

UK insurer reports £30m bulk annuity with undisclosed counterparty

Axa to sell asset management business to BNP Paribas for €5.1bn and acquire Italy's Nobis

French insurer strikes long-term asset management agreement with BNP

FCA anticipates £70m customer savings from GAP intervention

Eiopa consults on standard formula charge for direct CCP exposures

European authority suggests lowering capital requirements for central counterparty risk

Pool Re profits boosted to £320m on investment gains

Investment fund grows to £7bn on the back of record performance

Swiss Re hires Athora's Anders Malmström as group CFO