Nigeria: Reinsurer aims to curb capital outflow from insurance industry

Published on August 1, 2024
FBS Reinsurance Nigeria (FBS Re) has said that one of its functions is to combat capital flight in insurance and reinsurance businesses in the country and across Africa.
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Joe Boren to chair Mosaic Insurance’s new advisory board

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Corebridge Financial sees $353m net income in Q2 2024

August 1, 2024
Corebridge Financial, an American multinational financial services company, reported a net income of $365 million for the second quarter of 2024, down from $771 million in the same quarter last year.The firm attributed this change primarily to higher net realised losses stemming from asset optimisation activities.The company also reported an adjusted pre-tax operating income (APTOI) of $859 millio