Cigna
ANZ sells life insurance business to global giant Cigna
ANZ Bank New Zealand has agreed to sell its life insurance business to US-listed health insurance giant Cigna for NZ$700m ($485.4m, €419m, £368m), the second non-core business the group has shed in under a month.
Cigna in massive $67bn acquisition
Health insurer Cigna Corporation is to acquire US Fortune 100 company Express Scripts for a staggering $67bn (£48bn, €54bn).
PEOPLE MOVES: JP Morgan, Rothschild, Julius Baer
JP Morgan’s head of UK funds leaves the firm to “pursue other opportunities”, the chairman of Rothschild Investment Bank prepares to pass the reins over to his son and Julius Baer makes an appointment to its Guernsey branch management board.
PEOPLE MOVES: Cigna, River & Mercantile, Quilter Cheviot
Cigna has named a chief executive for Europe, while Rivers and Mercantile parted ways with a lead manager over conduct issues and Quilter Cheviot added three to its investment team.
Zurich underlines commitment to Middle East after Cigna deal
Zurich’s Middle East business has said it will continue to sell life policies in the region following the sale of its general insurance unit to healthcare provider Cigna.