The Following are some purchases or expansion plans by South African and European insurers in sub-Saharan Africa announced in the past three months [See article above] Nov 28 – French insurer AXA buys control of Nigeria’s fourth-largest insurer, Mansard Insurance …
Insurer Prudential has reaffirmed a commitment to its British home market as a source of financial strength and profit even as Asian units romped ahead as the main driver of sales. Speaking on Tuesday after posting 8 percent first quarter …
Britain’s No.1 insurer Prudential Plc on Thursday said it will buy life insurer SRLC America Holding Corp. from Swiss Re AG for 398 million pounds in cash. It said the purchase would be made through Prudential’s U.S. subsidiary Jackson National …
Britain is probing investment banks over insurer Prudential Plc’s failed $35.5 billion bid for rival AIG’s Asian business, AIA, last year, two people familiar with the matter said. The probe, ordered by the Financial Services Authority (FSA), would examine the …
