M&A Deal Summary |
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|---|---|
| Date | 2018-07-19 |
| Target | Generali Worldwide Insurance Company |
| Sector | Insurance |
| Buyer(s) | Life Company Consolidation Group |
| Deal Type | Add-on Acquisition |
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Life Company Consolidation Group is a specialist European life assurance group. Its principal businesses are Utmost Wealth Solutions and Reliance Life, which are responsible for in aggregate £24bn of principally unit-linked policyholder assets for more than 250,000 customers. Utmost Wealth Solutions provides international savings, protection and investment solutions into the UK, Continental Europe and Asia from Ireland and the Isle of Man. Reliance Life Limited is a specialist UK run-off manager, focussed on the acquisition of traditional books of life business in the UK.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Insurance M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2018 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-15 |
Equitable Life Assurance Society
London, United Kingdom Equitable Life operates as a mutual life assurance company in the United Kingdom. Equitable Life Assurance Society is the oldest mutual life assurance company in the UK. It has over 300,000 policyholders and manages assets of £6.3bn, from its offices in London and Aylesbury, Buckinghamshire. |
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