Re/Insurance groups

SEB to merge its three Baltic life units

SEB - one of the largest life insurers in Baltic region announced is planning to merge its units in the Baltic States, "into one legal entity to further improve our operational efficiency and deliver improved customer services. The merger will not affect our services to the customers".

AIG's Brexit restructure approved

American International Group announced that its European subsidiary, AIG Europe Limited (AEL) has received approval from the High Court of England & Wales to transfer its business to two new entities: American International Group UK Limited (AIG UK) and AIG Europe SA (AESA) in preparation for the UK's exit from the European Union.