Northern Trust has won three new mandates from European insurers.
Hannover Re, the German reinsurer, appointed Northern Trust to provide collateral management and global custody services for its longevity risk transfer business.
AND-E, a European subsidiary of the Japanese insurance group MS&AD, appointed Northern Trust to provide global custody and related asset servicing solutions for its UK-based business.
MDDUS, a mutual organisation providing UK healthcare professionals with access to indemnity, assistance and support, selected Northern Trust to provide global custody services for MDDUS and its Guernsey-based subsidiary.