Mergers & acquisitions (M&A)

White Mountains acquires run-off insurer

White Mountains Re, a subsidiary of Bermudian insurance group White Mountains, has acquired run-off insurer Central National Insurance Company of Omaha from Drum Financial Corporation for around $5m, the company said in a statement...

Interview: Mark Hodges - Back to the future

At the beginning of January, former Aviva GI boss Mark Hodges took over as chief executive officer of the insurer's UK business, a position last filled in 2007. He talks to Jonathan Swift about the decision to reinstate the role, his plans for Aviva and…