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Exclusive: TPG, J.C. Flowers, Resolution bid for Allstate unit
ReutersNEW YORK (Reuters) - British financial services firm Resolution Group and private equity firms TPG Capital and J.C. Flowers are bidding for Allstate Corp's Lincoln Benefit Life subsidiary, according to two people familiar with the situation. TPG and J.C....Tags: Economy, Business and Finance, Business, Goldman Sachs Group, Inc., Finance, Allstate Corp.
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Protective Life To Buy AXA U.S. Life Portfolio For $1 Billion
Protective Life Corp. agreed to buy a portfolio of old policies from French insurer AXA SA's U.S. business for $1.1 billion, with the aim of squeezing more value out of them. Birmingham, Alabama-based Protective Life said the deal with Axa's Mony Life...Tags: Economy, Business and Finance, Finance, Stamford, Insurance, Earnings
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Bloomberg: Prudential Top Bidder For Hartford Life Insurance Business
The Hartford CourantCHICAGO - Insurer Prudential Financial Inc. has emerged as the top bidder for the individual life insurance business of rival The Hartford Financial Services Group Inc., a sale that could be worth roughly $1 billion, Bloomberg reported on Friday. A...Tags: John Paulson, Insurance, Financial and Business Services, American International Group, Mutual Funds
Jun 13, 2013
|Story| Reuters
Apr 11, 2013
|Story| Hartford Courant
Aug 19, 2012
|Story| Hartford Courant
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