RGA to acquire 100% of HLAC

RGAThe American Reinsurance Group of America - RGA - has signed an agreement to acquire 100% of Hodge Life Assurance’s share capital (HLAC). The British life insurer is a subsidiary of Hodge Bank.

As of 19 February 2021, HLAC shall no longer underwrite new insurance policies.

The transaction is yet to be approved by the regulatory authorities.

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