Companies
Generali doubles up in India
Italy’s Generali Group is increasing its stakes in two insurance joint ventures in India to 49% up from 25.5%, “underscoring its commitment to growing its presence in the local insurance market”.
‘Dubai leak’ exposes $110m dirty money trail
Dubai’s property market is being abused by money launderers, according to a campaign group which has published a report based on leaked documents.
Legal & General exits Indian life venture with £45m profit
Legal & General Group is to sell its 26% stake in IndiaFirst Life Insurance to private equity firm Warburg Pincus.
PEOPLE MOVES: Provisca director joins Continental in global role
Industry veteran Richard Williams has left international product distribution firm Provisca to build a global network of financial adviser partners for Dubai-headquartered Continental Group.
PEOPLE MOVES: Woodbrook, AMP, Arlo Associates
Woodbrook Group hires an industry veteran to manage its Spain operations, AMP’s chief risk officer for its advice division resigns and Arlo Associates appoints a tech entrepreneur to chair its board.