Policyholders and shareholders in competition
Article Abstract:
A number of factors are driving the process of consolidation in the UK life assurance sector. These include the anticipated cost of guaranteed annuity options and continued concern about the mis-selling of pensions. The House of Commons treasury select committee is seeking a much more open policy on the attribution of the estates of life companies between shareholders and policyholders. Several companies have already reached agreement with the government about the terms on which part of their estate will be attributed to shareholders.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
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M&A in insurance sector comes to life
Article Abstract:
Financial services represented around one quarter of merger and acquisition deals in the UK in 1995, and experts believe that this trend will continue, with the focus turning to the life insurance sector. Factors such as fragmented market shares and falling business volumes will serve to boost merger and acquisition deals in this sector, according to speakers at the recent Acquisitions Monthly annual conference on mergers and acquisitions in the insurance industry.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1996
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Halifax acquires The Equitable's operating business
Article Abstract:
Issues concerning the acquisition of the Equitable Life Assurance Society by Halifax are discussed. Details of the structure of the new company and the implications that the deal could have on the companies' customers are presented.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 2001
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