AIG Life has announced the acquisition of group life insurer Ellipse from Munich Re, with the deal expected to complete in the the first quarter of 2019, subject to regulatory approval.
The cash transaction will see AIG Life consume Ellipse's life, critical illness and income protection products, along with its technology-enabled business model for straight-through processing for group...
Approached in January
'Number of issues' found
Following recent acquisitions
Fees 0.1% per annum or £20 per month
Square Mile's series of informal interviews
Percival on DB suitability
First trading loss in five years