Resolution Life News

Allianz in Talks to Transfer Block of Life Assets to Free Up Regulatory Capital: Sources

Allianz SE is in advanced talks to transfer a block of Swiss life insurance assets to Resolution Life, people with knowledge of the matter said, a move that could free up regulatory capital as Europe’s largest insurer prepares for the …

Australia’s AMP to Sell Life Insurance Arm at Discount, as Funds Bleed Cash

Australia’s largest wealth manager AMP Ltd said on Thursday it would sell its life insurance arm at a discount and revealed its funds were hemorrhaging cash as clients pulled out their money in response to revelations of systemic wrongdoing. Investors …