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Investegate |Prudential PLC Announcements | Prudential PLC: Prudential Plc Virtual Investor Conference

Investegate announcements from Prudential PLC, Prudential Plc Virtual Investor Conference ....

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Investegate |Prudential PLC Announcements | Prudential PLC: Business and Jackson demerger update for 2021 AGM

Investegate announcements from Prudential PLC, Business and Jackson demerger update for 2021 AGM ....

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Insurance Bulletin - Spring 2021 | Conyers

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What a year it has been since our last Insurance Bulletin in March 2020. Although the full impact of Covid-19 on the re/insurance
industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.
The improved pricing and market outlook of recent months has attracted more capital into the industry to fund deals and growth opportunities. Conyers’ market- leading insurance legal practices in Bermuda and Cayman have seen a great deal of activity including incorporation of new insurers, note offerings by existing insurers and M&A activity. We hope you find this review of recent developments in the insurance and reinsurance sectors insightful and informative reading. ....

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BMA Proposes Internationally Active Insurance Group Concept for Bermuda | Conyers

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In December 2020, as part of its review to update Bermuda’s commercial insurance regime, the Bermuda Monetary Authority (BMA) issued a consultation paper proposing the introduction of an Internationally Active Insurance Group (IAIG) concept to meet the principles and standards of the International Association of Insurance Supervisors’ Common Framework (ComFrame).
IAIGs will be subject to additional regulatory requirements and disclosures that will be transposed into Bermuda’s framework in due course. Amendments to the Insurance Act 1978 will be necessary to make provision for insurance groups to comply with specific standards when they meet minimum criteria as an IAIG. These changes are expected to enter into force on 30 June 2021. ....

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Investegate |Prudential PLC Announcements | Prudential PLC: Prudential plc - Update on leadership of Jackson

Prudential plc ( Prudential or the Group ) today announces a new senior leadership team for its US business, Jackson Financial Inc ( Jackson ),

ahead of Jackson s planned separation from the Group.

Laura Prieskorn, previously Jackson s Executive Vice President and Chief Operating Officer, has been appointed Chief Executive Officer (CEO). In 31 years at Jackson, Laura has held broad-ranging leadership roles. She was responsible for developing Jackson s industry-leading operating platform, which combines low cost with superior service for clients, advisers and distribution partners, and has been a member of its Executive, Investment and Product Committees. Marcia Wadsten, previously Senior Vice President and Chief Actuary, has been appointed Chief Financial Officer (CFO). Marcia has 29 years experience at Jackson, and during her career at the company has played a key role in product design, pricing and ....

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