RSS feed
Posts Tagged ‘
swiss re
’UK’s Resolution firm on Friends merger
Resolution Life, the British insurer, on Tuesday dismissed speculation that its planned merger with Friends Provident could be disrupted. Clive Cowdery, Resolution chairman, said the merger “is the only transaction on the table”.
Lloyds TSB paves way for Abbey Life sale
Lloyds TSB has started the long-awaited sale of Abbey Life, its closed life insurance business that is expected to fetch more than £1bn. The UK’s fifth-biggest bank is understood to have mandated Lehman,
Greenberg emerges as main backer of new Lloyd’s vehicle
Jeff Greenberg, the ousted chief executive of insurance giant Marsh & McLennan, has emerged as the main backer of a new Lloyd’s of London vehicle that is set to start writing business on Monday, reports The Times.