Phoenix Group to acquire ReAssure from Swiss Re for £3.2bn

Phoenix Group to acquire ReAssure from Swiss Re for £3.2bn

Phoenix acquisition of ReAssure : Life consolidator Phoenix Group has signed a cash-cum-stock deal worth £3.25 billion to acquire UK-based life and pensions company ReAssure Group from Swiss Re, as per the latest insurance acquisition news. ReAssure Group is a life insurance closed book consolidator, which is engaged in buying and administering closed books of […]