M&A Deals
IFGL completes IOMA wealth book transfer
The book of business totals circa 2,000 policies and an AUM of over £400m
Praxis expands in UAE with Sandshore acquisition
Praxis already has well-established offices in Dubai and Abu Dhabi
Aviva agrees to buy Direct Line in £3.6bn deal – industry reaction
The deal sees 129.7 pence per Direct Line share in cash
BlackRock to acquire HPS Investment Partners for $12bn
The deal creates an integrated private credit franchise with $220bn in client assets
Zurich acquires AIG’s global personal travel business for $600m
The deal sees Zurich become a ‘leading global travel insurer’ serving more than 20 million customers