HHG sells British life insurance business
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British-based wealth management and insurance group HHG Plc. announced plans to sell its Life Services business to a venture capital group for 1.025 billion pounds.
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US banking giant Citigroup sells its Travelers Life & Annuity insurance arm to Metlife for $11.5bn.
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Royal Ahold NV, the food retailer that owns the US Giant chain, agreed to sell its Spanish business to Permira funds for 685 million euros ($851 million).
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Swiss Life, Switzerland's largest insurer, sells its UK life assurance business for Â£205m.
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Sun Capital Partners Inc. and TDR Capital LLP, private equity buyout firms, agreed to pay 1.03 billion pounds ($1.98 billion) for HHG Plc&#39;s UK-based life insurance units, their first investment in the industry.
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Hugh Osmond, the pubs-to-pizzas entrepreneur, is to make a dramatic move into Britain&#39;s life insurance market by leading a Â£1billion cash acquisition
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Insurer Standard Life has agreed to buy  rival Resolution for 4.9 billion pounds ($10.1 billion),  topping a competing offer and breaking up Resolution's planned  merger with Friends Provident.
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Smiths Group is to buy Medex, a US healthcare company, for $925m (Â£477m), including $300m of debt, in the biggest deal for the UK engineering conglomerate since the merger of Smiths and TI Group in 2000.
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Aug. 18 (Bloomberg) -- Andrew Mohl (left), chief executive of AMP Ltd., talks with Bloomberg&#39;s Kevin Foley in Sydney about first-half profit, investment fees and the strategy for its 10-percent stake in HHG Plc. AMP, Australia&#39;s largest life insurer, ...
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Scandinavian Airlines says it will sell its stake in British carrier BMI to reduce costs and lift profits.
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ING Group NV will sell its Atlanta-based life insurance business to Britain&#39;s Prudential PLC in a $256.8 million deal designed to realign the Dutch financial services giant&#39;s international operations.
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Food and drinks entrepreneur Hugh Osmond has bought four life assurance funds for Â£1bn ($1.97bn). Mr Osmond has purchased the brands - Pearl Assurance, NPI, London Life and Provident Life - from financial services group HHG.
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AMP&#39;S former British arm HHG will return $2.2 billion to long-suffering shareholders after finally striking a deal to sell its life insurance assets for $2.62 billion.
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Ping An Insurance (Group) Co. Ltd.   2318.HK, China's second-largest life insurer, plans to sell   up to 1.15 billion A-shares worth an estimated US$4 billion   (2.17 billion pounds) to replenish its capital.
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Insurer Standard Life has agreed to buy rival Resolution for 4.9 billion pounds ($10.1 billion), topping a competing offer and breaking up Resolution's planned merger with Friends Provident.
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The Republic's largest privately-owned insurance broker, which has an office in Belfast, has been taken over by an American company.
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UK general insurer Royal & Sun Alliance   Insurance Group Plc RSA.L said on Thursday it was selling its   U.S. arm to Arrowpoint Capital, providing the company with a   long-awaited exit from its U.S. unit.