Global News - Resolution buys AXA UK life for £2.75 bln

Source: Asia Insurance Review | Nov 2010

Resolution has bought AXA UK’s life businesses for £2.75 billion (US$4.34 billion) and will merge this entity with Friends Provident, in its bid to shake up UK’s sluggish life insurance industry. The new business, named Friends Life, aims to be rebranded and marketed from early 2011.

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Global News - Resolution buys AXA UK life for £2.75 bln

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