ReAssure announces acquisition of Quilter UK Heritage business

Deal will see 200,000 customers from Old Mutual Wealth Life Assurance Limited and its subsidiary Old Mututal Wealth Pensions Trustees Limited transfer to ReAssure (subject to regulatory approval).

This follows the purchase of over 1 million policies from Legal & General in 2017, and further cements ReAssure’s position as a key consolidator of life and pensions business in the UK.

Mark Hodges, ReAssure Group CEO, commented:

“I am delighted to announce our latest acquisition today. We already have a long history of value creating acquisitions and this transaction further demonstrates the success of our differentiated approach.”

You can find out more about the acquisition, and read the associated News Release, at reassuregroupplc.co.uk.

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