Old mutual
Old Mutual appoints group risk officer
Published online only
Source: Operational Risk & Regulation
Sue Kean has been promoted to the role from head of governance and regulatory compliance
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Lack of credit for dynamic hedging in QIS 5 driven by ideology, not...
Published online only
Source: Life & Pension Risk
Old Mutual questions the lack of capital credit for dynamic hedging in QIS 5
People
Published online only
Source: Life & Pension Risk
Legal & General creates CRO role London-based insurer and annuity specialist Legal & General (L&G) has promoted Andrea Blance to the new role of group chief risk officer, subject to approval by the UK Financial Services Authority. Blance will take up...
South Africa opts for Solvency II approach
Published online only
Source: Life & Pension Risk
Solvency II is not just an issue for European insurers. Faced with the increasingly global nature of the financial sector, South Africa’s financial regulator is bringing in its own version of the regulation. But the schedule to implementation is tight....
Variable annuity redesign led by US innovation
Published online only
Source: Life & Pension Risk
Variable annuity providers were hurt by basis risk, extreme volatility and policyholder lapses during the crisis, and guarantees were scaled back and repriced as a result. Now risk management is driving a US-led surge of innovation. Laurie Carver reports...
Old Mutual’s CEO resigns after facing writedowns
Published online only
Source: Risk magazine
Jim Sutcliffe, chief executive of London-based financial services company Old Mutual, has resigned from the firm after it reported it would face heavy writedowns in its US life insurance division, US Life.
Old Mutual Asset Management appoints head of risk management
Published online only
Source: Risk magazine
Old Mutual Asset Management, the US asset management arm of financial services company Old Mutual, has hired Jeffery Howkins from Mellon Institutional Asset Management as its head of risk management and audit.
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