Most of the affected positions are within call centres as the company moves forward with integrating AI into its processes.
Ethniki Insurance operates in Greece, providing services to 1.8 million active customers and €850m ($984.18m) in GWP in 2024.
Aegon UK and its 51% stake in a JV with Banco Santander are both under review for possible sale.
GlobalData surveying shows consumers want more women in boardrooms, while female underwriters cite structural barriers to progression.
The new unit’s underwriters will handle both insurance and reinsurance risks across South Africa and neighbouring nations.
