sell
Aviva handed JP Morgan the task to sell RAC
RAC has around 2,000 patrols that attend 2.8m breakdowns each year, including overseas breakdowns through its RAC Europe unit.
JP Morgan has been handed the...
Insurer AIG sells consumer credit affiliate
Ailing US insurance giant AIG announced on Wednesday the sale of 80 percent of its stake in consumer credit provider American General Finance to...
Maiden Holdings announces agreement to acquire GMAC International Insurance Services
Maiden Holdings, Ltd today announced that it has entered into a definitive agreement to acquire the majority of the reinsurance-related infrastructure, assets and liabilities...
Britain announces plans to break up state rescued banks RBS and Lloyds
Britain is to force state-rescued banks RBS and Lloyds Banking Group to sell assets in a massive shake-up of the banking sector but will...
Royal Bank of Scotland to maintain recovery plan and sell top brand Direct Line and Churchill
Part-nationalised lender Royal Bank of Scotland said it aims to stick with its recovery plan despite potential large-scale disposals ordered by European Union anti-trust...
AmTrust Financial Services, Inc. to Acquire CyberComp From Swiss Re
AmTrust Financial Services, Inc. (Nasdaq:AFSI) announced that it had entered into an agreement to acquire CyberComp, the workers' compensation business unit of Swiss Re,...
Resolution Will Buy Friends Provident for $3 Billion
Friends Provident, a British insurance company, has accepted a revised bid from a buyout firm, Resolution, worth £1.86 billion ($3.1 billion) after rejecting two...
AIG completes the sale of 21st Century Insurance to Zurich Financial Services Group Unit
American International Group, Inc. (AIG) announced that it has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S....
