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Swiss Re to Sell elipsLife to Swiss Life, Enters Long-Term Reinsurance Partnership
Swiss Re announced it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International and to enter right into a long-term reinsurance partnership for elipsLife’s in-force and latest business. Financial details of the transaction weren’t disclosed. elipsLife is an insurance company for institutional clients reminiscent of pension funds, collective […]
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Canada’s CPP Investments to Sell Ascot Group, Wilton Re in Strategy U-turn: Sources
Canada Pension Plan Investment Board (CPP Investments) is searching for to sell its Wilton Re and Ascot Group insurance platforms, marking a strategic U-turn for the fund within the face of intense competition, people accustomed to the matter said on Wednesday. CPP Investments is preparing to launch the sale processes in the brand new 12 […]