International Association of Insurance Supervisors

Athene Announces Key Appointments

Retrieved on: 
Tuesday, June 20, 2023

HAMILTON, Bermuda, June 20, 2023 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced that Michael Consedine, former Chief Executive Officer of the National Association of Insurance Commissioners (NAIC), will join Athene as Executive Vice President, Head of U.S. Government and Regulatory Relations, effective June 19, 2023.

Key Points: 
  • HAMILTON, Bermuda, June 20, 2023 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced that Michael Consedine, former Chief Executive Officer of the National Association of Insurance Commissioners (NAIC), will join Athene as Executive Vice President, Head of U.S. Government and Regulatory Relations, effective June 19, 2023.
  • Mr. Consedine will report to John Golden, who has been named Executive Vice President, Global Head of Insurance Regulation for Apollo and Athene.
  • In addition, Joe Cohen has been named Executive Vice President and General Counsel for Athene, a role previously held by Mr. Golden.
  • Mr. Cohen joined Athene in 2019 and previously served as Senior Vice President, Group Deputy General Counsel.

OSFI releases draft Solo frameworks for public consultation

Retrieved on: 
Thursday, June 1, 2023

OTTAWA, ON, June 1, 2023 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) released two draft frameworks, open for public consultation until June 30, 2023, that will strengthen Canada's financial system:

Key Points: 
  • OTTAWA, ON, June 1, 2023 /CNW/ - Today, the Office of the Superintendent of Financial Institutions (OSFI) released two draft frameworks, open for public consultation until June 30, 2023, that will strengthen Canada's financial system:
    Parental Stand-alone (Solo) Capital Framework for internationally active life insurance groups.
  • The two solo frameworks focus on the loss-absorbing capacity of the Canadian parent bank or Canadian parent operating life insurer, rather than its entire, consolidated operations, allowing OSFI to assess the stand-alone financial strength of the parent and its ability to act as source of strength for its subsidiaries and branches.
  • These two draft guidelines complement OSFI's existing TLAC and capital guidelines for D-SIBs and life insurers respectively on a group consolidated basis, providing an additional layer of protection to safeguard the rights and interests of depositors, policyholders, and creditors.
  • OSFI will assess them and issue final frameworks later this year.

AM Best to Participate at the International Association of Insurance Supervisors’ Global Seminar

Retrieved on: 
Thursday, May 25, 2023

AM Best Chief Rating Officer Stefan Holzberger will participate in a panel discussion at the International Association of Insurance Supervisors (IAIS) Global Seminar, which will take place June 15-16, 2023, in Seattle.

Key Points: 
  • AM Best Chief Rating Officer Stefan Holzberger will participate in a panel discussion at the International Association of Insurance Supervisors (IAIS) Global Seminar, which will take place June 15-16, 2023, in Seattle.
  • Holzberger’s portion of the panel discussion will explore standard-setting practices and how to assess and respond to market developments.
  • Joining Holzberger will be Jad Ariss, managing director, Geneva Association; Susan Neely, president, Global Federation of Insurance Associations; and Clement Cheung, chair, IAIS Audit and Risk Committee and CEO of Hong Kong’s Insurance Authority.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Suburban Propane Partners Appoints Amy M. Adams and Rommel M. Oates to an Expanded Board of Supervisors

Retrieved on: 
Monday, April 24, 2023

At that meeting, under the current Partnership Agreement, all Supervisors will be elected by the Partnership's Common Unitholders.

Key Points: 
  • At that meeting, under the current Partnership Agreement, all Supervisors will be elected by the Partnership's Common Unitholders.
  • Ms. Adams brings to the Board an extensive background in emerging energy solutions, including hydrogen fuel cell and electrolyzer technologies, and strategic growth and market development initiatives.
  • In announcing these new appointments, Chairman of the Partnership's Board of Supervisors, Matthew J. Chanin, said, "We are extremely pleased to welcome Amy Adams and Rommel Oates to Suburban's Board of Supervisors.
  • Amy and Rommel bring complementary experience in renewable energy markets, both from the perspective of production and distribution, and through to the end-use applications."

GreenCity Partners With ASM Global for Development and Operation of Proposed Henrico County, Virginia, Arena to Be Greenest in United States

Retrieved on: 
Monday, February 13, 2023

GreenCity Partners and ASM Global announced today they have entered into an agreement for the development and operation of the proposed 17,000-seat GreenCity Arena in Henrico County planned to be the greenest venue in the U.S.

Key Points: 
  • GreenCity Partners and ASM Global announced today they have entered into an agreement for the development and operation of the proposed 17,000-seat GreenCity Arena in Henrico County planned to be the greenest venue in the U.S.
  • ASM Global is the world’s leading venue management company and producer of live-event experiences.
  • “What we wanted in an arena-development partner is someone that also understood district programming,” GreenCity Partners principal Michael Hallmark said.
  • Images are available courtesy of GreenCity Partners and ASM Global.

Aegon completes share buyback programs

Retrieved on: 
Thursday, December 15, 2022

These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.

Key Points: 
  • These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.
  • These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.
  • Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements.
  • Further details of potential risks and uncertainties affecting Aegon are described in its filings with the Netherlands Authority for the Financial Markets and the US Securities and Exchange Commission, including the Annual Report.

Aegon publishes agenda for Extraordinary General Meeting on January 17, 2023

Retrieved on: 
Thursday, November 24, 2022

These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.

Key Points: 
  • These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.
  • These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.
  • Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements.
  • Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing.

Aegon reports third quarter 2022 results

Retrieved on: 
Thursday, November 10, 2022

Should you wish not to use the click to join function, dial-in numbers are also available:

Key Points: 
  • Should you wish not to use the click to join function, dial-in numbers are also available:
    IFRS 9/17 Educational Webinar December 14, 2022
    Fourth quarter 2022 results February 9, 2023
    First quarter 2023 results May 17, 2023
    Annual General Meeting May 25, 2023
    Second quarter 2023 results August 17, 2023
    Third quarter 2023 results November 16, 2023
    Aegon is an integrated, diversified, international financial services group.
  • Aegon is headquartered in The Hague, the Netherlands, and listed on Euronext Amsterdam and the New York Stock Exchange.
  • Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements.
  • Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties.

Aegon takes note of equity issuance by a.s.r.

Retrieved on: 
Friday, October 28, 2022

These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.

Key Points: 
  • These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.
  • These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.
  • Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements.
  • Readers are cautioned not to place undue reliance on these forward-looking statements, which merely reflect company expectations at the time of writing.

Aegon completes sale of 50% stake in joint venture with Liberbank to Unicaja Banco

Retrieved on: 
Friday, October 14, 2022

These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.

Key Points: 
  • These statements may contain information about financial prospects, economic conditions and trends and involve risks and uncertainties.
  • These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict.
  • Aegon undertakes no obligation, and expressly disclaims any duty, to publicly update or revise any forward-looking statements.
  • Actual results may differ materially and adversely from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties.