Struggling U.K. Mutual insurer Equitable Life has reportedly been having talks with pension fund managers aimed at capping the expected losses from guaranteed annuity payments it has been ordered to make.
The talks are aimed at giving potential buyers reliable estimates of the losses Equitable faces, rather than the current unknown quantity, which has caused previously interested parties, notably the U.K.’s Prudential, to reject a deal with Equitable.
If claims could be compromised, there’s renewed speculation that Prudential and perhaps Dutch insurer Aegon may have renewed interest in taking over the troubled company.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
Lilly Flags Safety Risk in Compounded Zepbound Mixed With Vitamin B12 
Nine Claims Trends to Watch Through the Rest of 2026 
Fund Trying to Turn New Mexico Desert into an Advanced Tech Hub 
