Involvement in family mediation
Sources say Axa is fed up with UK regulation
Prudential's largest shareholder, the Capital Group, is eying a potential break-up of the insurer as a radical alternative to its $35.5bn AIA acquisition.
Legal & General has prepared a defence document to ward off an unwanted takeover approach from Clive Cowdery's Resolution vehicle.
Clive Cowdery's Resolution is rumoured to be in talks with Lloyds Banking Group to buy Clerical Medical for up to £4bn, according to industry observers.
Resolution's proposed acquisition of Friends Provident could kick-start life industry consolidation in 12 months time, according to Friends CEO Trevor Matthews.
Clive Cowdery is nothing if not determined. Two years after jilting Friends Provident at the altar for a better offer from rival closed-life firm Pearl Assurance, he has returned to hunt down the insurance firm in a new guise.
The £1.86bn takeover deal of Friends Provident by Clive Cowdery's Resolution could grow the insurer's international business in the future, according to Rocco Sepe, international managing director at FPI.