M&A Deals

Companies | 24 Jul 18

The two private equity backers of the fintech firm FNZ, which powers the platforms for Standard Life, Aviva and Quilter, are considering selling their stakes in the company, according to media reports.

Companies | 5 Jul 18

Italy’s Generali Group has agreed to sell a majority stake in Generali Leben to a German life insurance portfolio management company, in a deal that values the business at around €1bn (£882m, $1.17bn).

Africa | 22 Jun 18

Johannesburg-headquartered investment manager 27Four has secured a life insurance licence after agreeing to acquire 100% of Prescient Life from its parent company Prescient Holdings.

Industry | 21 Jun 18

Consolidators continue to snap up legacy books of business with Canada Life UK announcing the sale of 155,000 longstanding policies to Scottish Friendly.

Companies | 20 Jun 18

Isle of Man-based insurer Utmost says it is on course to reach its “near-term” target of €30bn in assets under management, as it confirms the rebrand of recently acquired Ireland-based Generali PanEurope.