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M&A Deals

Zurich buys Macquarie Life’s risk business

Asia | 26 Sep 16

Zurich buys Macquarie Life’s risk business

The Federal Court of Australia has approved the transfer of Macquarie Life’s risk insurance portfolio to Zurich Australia, a move that will see the Swiss firm become Australia’s fourth biggest retail insurer in the IFA segment.

Aegon sells Ukraine life business, exits market

Europe | 23 Sep 16

Aegon sells Ukraine life business, exits market

Aegon has agreed to sell its Ukrainian life business to local insurance firm TAS Group, a move that will see the Dutch insurer exit the market after less than four years.

Morocco’s Saham Finances buys Mauritian insurer Sun Insurance

Africa | 23 Sep 16

Morocco’s Saham Finances buys Mauritian insurer Sun Insurance

Moroccan insurer Saham Finances has bought Mauritian insurer Sun Insurance for an undisclosed sum, the company has confirmed.

Kuwait Towers

Companies | 19 Sep 16

WH Ireland shares soar as it confirms Kuwaiti investors link

WH Ireland shares soared after the City broker confirmed rumours that Kuwaiti European Holdings (KEH) was looking to acquire a stake in the business.

Standard Life acquisition of Almary Green called off

Companies | 19 Sep 16

Standard Life acquisition of Almary Green called off

Standard Life subsidiary 1825 has confirmed that discussions to buy Norwich-based independent advice firm Almary Green have ended by “mutual agreement”.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.