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...
Eighth this year
In Scotland and Wales
Purchase announced Monday
36th since 2008
Good News Bulletin
An estimated £2.75bn
Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.
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