Insurance giant Zurich has revived its attempt to acquire rival business RSA with a new proposed cash offer of 550p per share, valuing the company at about £5.6bn.
Zurich plans to make 90 redundancies from its UK life business as part of cost cutting measures in light of the challenging economic environment.
It's our round-up of the stories your clients may have read in the national newspapers over the weekend...
Aviva has said 384 jobs in its Bristol office are at risk due to a simplification of its life business.
Ten of this week's best-read stories...
A pensioner who faked his own death and posed as his wife to fraudulently claim on his life insurance has been jailed for six years.
Ratings agency Fitch has warned that life companies which rely on independent financial advisers (IFA) to distribute their products could be negatively affected by the retail distribution review (RDR), and predicted a bright future for bancassurance.
Tim Breedon, CEO of Legal & General (L&G), is to retire from the company at the end of 2012, when he will have completed a quarter of a century at the insurer.
Not only will the needs of each and every client who needs a protection policy differ, but advisers also have to factor in the different underwriting processes of providers...
Mortality projection models are in need of a radical overhaul to ease insurers' funding problems and give them confidence when pricing future retirement income solutions, an influential new report argues.
(Updated) Friends Life is to separate its open and closed books of business as part of parent company Resolution's UK Life project.
Aegon today confirmed the sale of its UK-based life and pensions business Guardian to European private equity group Cinven, for a total cash consideration of £275m.
Royal London group received a boost from Scottish Life and 360° during the first half of 2011 but its protection arm suffered a 17% sales slump.
Mark Wilson, former chief executive of Asian life assurer AIA, is trying to raise private equity backing to bid for the non-core emerging markets businesses of Aviva, according to reports.
Buyout vehicle Resolution expects to have £500m of excess cash to return to shareholders over the next 12 months after completing its work examining the cash and capital position of Friends Life, its new proposition formed from the merger of Friends...
David Barral has been appointed chief executive of Aviva's UK Life business, replacing Toby Strauss as he leaves to join Lloyds Bank.
The Co-op may sell its £18bn life insurance business in a re-organisation instigated by new CEO Neville Richardson.
The Life & Longevity Markets Association (“LLMA”) is proposing a standardised framework for longevity indices.
Prudential’s chief executive of UK and Europe Rob Devey has been appointed to lead the group’s planned integration of its Asian business with the AIA Group.
Groupama Insurances' combined profitability for the UK operations (before tax and amortisation) reduced to £14.1 million (2008: £30.1 million).
An IFA firm has issued a formal complaint to US life insurance giant The Hartford over the incorrect tax treatment of clients who have annuities with its UK subsidiary Hartford Life.
Aegon UK today named Duncan Jarrett as sales director, replacing retiree David Rogers.
Swiss Re says the insurance and reinsurance sectors will continue their “U-shaped” recoveries in 2010, alongside the major global economies.