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Liberty Mutual Will Sell Life Biz to Lincoln Financial for $3.3B; P/C Operations Reorganized
Liberty Mutual is getting out of the life insurance business, and the insurer will reorganize in order to better focus on its remaining P/C businesses. The Boston-based global insurer said it will ...
Hartford Will Unload Talcott Resolution Life/Annuity Unit in $2.05B Deal
Insurer Hartford Financial Services Group said on Monday it would sell its life and annuity unit to a group of investors in a deal valued at $2.05 billion, as it looks to focus on its property and ...
Zurich to Slash 240 UK Jobs as Life, General Insurance Arms Combine
Zurich Insurance Group AG plans to slash about 240 jobs in the UK as part of broader efforts to bring its Life and General Insurance division under a single leadership team. Zurich disclosed the new ...