Equitable courts bids on back of solid progress

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Equitable Life reiterated its desire to sell its business either as a whole or in parts yesterday as it released its annual results for 2005, claiming last year had seen it make solid progress.

The mutual says it is exploring "strategic options" to improve the longer term prospects for its policyholders, which might include the sale or transfer of both its with-profits and annuities businesses. In assessing future business activity the mutual insurer says it is: “...

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