M&A Deals

Companies | 28 Mar 18

Zurich UK has agreed to acquire Oak Underwriting in a move that the company believes will transform the firm’s scale in the high net worth sector.

Companies | 19 Mar 18

Harwood Wealth Management has continued its buying spree with the purchase of Southampton-based IFA AE Financial Services from its parent company for £4.6m.

Companies | 16 Mar 18

South Africa-headquartered Old Mutual is selling all of its businesses in Latin America to a Singapore-based firm but has confirmed that Old Mutual International will continue its long-standing relationship with regional distributor Aiva.

Best Practice | 15 Mar 18

Phoenix Group’s acquisition of Standard Life’s insurance arm is “testament to the current re-shaping of the UK life insurance industry” and the “break-up of traditional models”, the group’s chairman said.

Companies | 8 Mar 18

Health insurer Cigna Corporation is to acquire US Fortune 100 company Express Scripts for a staggering $67bn (£48bn, €54bn).