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Aurigen launches $500m Canadian life reinsurer start up

Bermuda-domiciled Aurigen Re Capital has announced that it has completed initial capitalization by securing C$500m of equity to support the start up of a life reinsurance business unit in Canada.

The company said Aurigen was formed to provide a new source of life reinsurance capacity and will provide traditional life and health reinsurance solutions through its wholly-owned operating

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Axa Partners hit with FCA limitations

Following the Which? super complaint, the Financial Conduct Authority has told Axa Partners UK it cannot grow its current customer base without written permission from the regulator.

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