Admin Re buys Guardian
ReAssure's parent company completes deal to buy Guardian Holdings Europe Ltd.
On 6 January 2016 ReAssure’s parent company, Admin Re, successfully concluded the deal to acquire 100% of the shares of Guardian Holdings Europe Ltd.
This acquisition will significantly extend Admin Re’s position as a major consolidator of closed book life and pensions business in the UK and Ireland. It will add over 900,000 annuity, life insurance and pension policies, bringing Admin Re’s total policy count to over 4 million.
Existing ReAssure customers will not be directly affected by the deal.
You can read the full press release on the Swiss Re website.
Press enquiries should be sent to Media_Relations@swissre.com.
