Swiss Re acquires Barclays life arm for £753mn; further writedowns in Q2
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Swiss Re acquires Barclays life arm for £753mn; further writedowns in Q2

05 August 2008
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Swiss Re is to pay £753mn for the life assurance arm of Barclays, the group has confirmed.

The deal will see the reinsurance giant acquire around 760,000 life insurance and pension policies and annuity contracts worth around £6.8bn

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