Saturday, November 29, 2008

News - RSA quits life insurance business

Insurer Royal & Sun Alliance (RSA) is to sell its UK life insurance division for 850m ($1.54bn). The group said it was selling the unit to Insurance liability medical professional Life, for 750m cash and 100m in shares.

insuranceliability.edgereport.com/2007/11/28/news-rsa-quits-life-insurance-business/