Hannover Re admits interest in Aegon unit

Ulrich Wallin

German reinsurer Hannover Re has expressed a slight interest in a potential acquisition of the reinsurance business of Dutch insurer Aegon, a spokeswoman for Hannover Re told news agency DPA-AFX.

CEO Ulrich Wallin told Reinsurance in March that Hannover Re plans to expand its life reinsurance business as well as some other areas, and has a number of acquisitions in the pipeline.

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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