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Aviva rejects $7.8 billion rival RSA bidInsurer RSA's offer to buy rival Aviva's general insurance operations in the UK and elsewhere for 5 billion pounds ($7.8 billion), has been rejected by the Aviva board, and there are no ongoing discussions between the two, Sky News said. More… |
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UK insurer gets Bahrain licenceThe Central Bank of Bahrain has granted licenses to Legal & General Gulf and Legal & General Gulf Takaful. The two new companies will offer life insurance and takaful services in Bahrain and the broader Middle East. More… |
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Istithmar buys Bahrain unit of UK insurerIstithmar World, the Dubai government's private-equity arm, said it bought a Bahrain unit of Britain's specialist independent international reinsurance broker PWS Holdings to boost its presence in the Middle East. 'Insure Direct completed More… |
