Tag: UK Insurance Market

New Regulatory Framework for Captive Insurance in the UK

Explore the UK’s new captive insurance framework aimed at fostering market growth and innovation. Key details on governance, capital structures, and authorizations.

Brookfield Business Partners Acquires Just Group to Bolster UK Pension Risk Transfer

Brookfield Business Partners acquires Just Group to enhance its UK pension risk transfer capabilities, leveraging investment expertise and expanding annuity offerings amid growing retirement market demand.

Chesnara Explores Acquisition of HSBC’s UK Life Insurance Unit

Chesnara PLC is exploring a major acquisition of HSBC's UK life insurance business, highlighting consolidation trends in the UK insurance sector and expanding pension administration portfolios.

CMA Begins Review of Aviva's Proposed Acquisition of Direct Line

The UK's CMA initiates review of Aviva's acquisition of Direct Line, assessing competition impact in the UK insurance market with a decision expected by July 10, 2024.