Swiss Re’s ReAssure Buys Quilter Closed Book Pension Unit for £425 Million

AIG and Stone Point Capital

Swiss Re’s Britain-based ReAssure unit has agreed to buy the closed book business of Quilter for 425 million pounds. The acquisition will add over 200,000 customer policies and 12 billion pounds of assets to ReAssure’s platform, Swiss Re said on Monday. The business consisted of Old Mutual Wealth Life Assurance Limited and its subsidiary Old… Continue reading Swiss Re’s ReAssure Buys Quilter Closed Book Pension Unit for £425 Million