M&A Deals
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
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
Moroccan insurer Saham Finances has bought Mauritian insurer Sun Insurance for an undisclosed sum, the company has confirmed.
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
Standard Life subsidiary 1825 has confirmed that discussions to buy Norwich-based independent advice firm Almary Green have ended by “mutual agreement”.
