Swiss insurer sells UK life unit
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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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British insurer Resolution  hit six-year highs in a weaker market on Monday, lifted by hopes of a 5 billion pound ($10.2 billion) bid from rival Standard Life , backed by giant Swiss Re .
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Aviva, the country&#039;s biggest insurance group, has announced the friendly takeover of US life assurer AmerUs Group for about 1.6 billion pounds.
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Financial group HHG today announced the Â£1.03 billion sale of its UK life insurance business, which includes the Pearl and London Life brands.
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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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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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UK general insurer Royal & Sun Alliance  Insurance Group Plc  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.
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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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Federal-Mogul, the engineering company whose bankruptcy in the US is threatening the pensions of thousands of workers at its subsidiary Turner &amp; Newall, is sizing up a sale of its UK businesses.
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Swiss Life Holding, Switzerland s biggest life insurer, said profit in the first half surged as it paid less to pensioners and had a gain from regulatory changes.
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Zurich Financial Services said Monday it had reached a settlement with liquidators of California-based Superior National Insurance Group, ending a long-standing dispute.
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Oslo/Stockholm - Norwegian financial services group Storebrand said Monday it has inked a deal to buy life insurance and pensions provider SPP from Swedish banking group Handelsbanken. via Earth Times
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Life insurer Resolution on Friday backed a takeover from peer Standard Life worth 4.9 billion pounds, causing it to ditch a planned merger with Friends Provident.
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Financial services company Coyle Hamilton today announced the completion of the sale of 56pc of its shares to the global insurance broker Willis.
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Prudential waves goodbye to double yolker Prudential PLC, the British financial services company, is to sell its loss making internet banking unit Egg to Citigroup for Â£575m ($1.127bn) cash.â¦
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Resolution and Friends Provident, two of Britain&#39;s biggest life insurers, are heading for a merger worth 8.3 billion pounds, a newspaper said Sunday.