All articles by Ronan Mccaughey

Ronan Mccaughey

New York Life invests in Jaguar Growth Partners

New York Life has made a strategic investment in Jaguar Growth Partners, a privately held investment management and advisory firm.

RGA to acquire Aurora from Swiss Re

Swiss Re Admin Re has agreed to sell its US subsidiary Aurora National Life Assurance Company to Reinsurance Group of America (RGA).

Insurers in APAC urged to embrace digital transformation

Significantly increased and timely investment in technology is critical for insurers to further grow their business in Asia Pacific, according to a new study.

Aegon UK launches IHT-focused whole of life policy

Aegon UK has launched a whole of life protection policy designed to provide money to help cover an inheritance tax (IHT) bill payable on a customer’s estate when they die.

UK online life insurer casts IFAs as ‘dinosaurs’

An exhibition sponsored by UK online life insurer, Beagle Street, is portraying independent financial advisers (IFAs) as ‘dinosaurs’ facing extinction.

Aegon to sell its Canadian life business to Wilton Re

Aegon has agreed to sell its Canadian life insurance business to US player, Wilton Re, for CAD 600 million ($529.7 million), saying the decision will improve the group’s return on equity.

Swiss Re’s group CEO stresses value of big data

Swiss Re’s group CEO, Michel Lies – while speaking at A.M. Best’s insurance market briefing -Europe – has stressed the opportunity big data provides insurers to tailor products “and accelerate underwriting knowledge”.

Half of Londoners do not have life insurance

Approximately half of Londoners do not have life insurance and are more likely to have home, travel and motor insurance instead, according to a study.

MetLife and Emirates NBD bank seal partnership

MetLife and Emirates NBD bank have agreed a strategic partnership to provide life insurance products to the bank’s one million plus customers in the United Arab Emirates (UAE).

Moody’s withdraws LIC’s rating for business reasons

Moody’s Investors Service has withdrawn the Baa3 insurance financial strength rating of Life Insurance Corporation of India (LIC) for its own business reasons.
Headquartered in Mumbai, Life Insurance Corporation of India Co is wholly owned by the government of India and is the largest life insurance company in the country. The insurer reported total assets of INR18.5 trillion ($302 billion) and shareholders’ equity of INR5.4 billion ($88.2 million) at the end of June 2014.