Legal & General Group is to sell its closed mature savings business to the ReAssure division of Swiss Re for £650m, including its £21.4bn with-profits fund.
The insurer said the business being sold was largely made up of retail customers who hold traditional insurance-based pensions, savings and investment products. Its assets at H1 2017 of £33bn include...
Industry Voice: Chris Taylor discusses the outlook for Japan, explaining why corporates are producing record aggregate profits and profits growth.
Comes in on 9 December 2019
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