Content area
Full Text
S&P Global Market Intelligence offers our top picks of insurance news stories and more published throughout the week.
Deal table
* AIG Life Ltd. agreed to acquire Ellipse, a provider of group life risk protection in the U.K., from Munich Re Co. The German reinsurer is also reportedly discussing selling its asset management division to Guggenheim Partners LLC in a deal that would see it take a stake in the U.S. fund manager.
* Generali completed the sale of its entire stake in Ireland-based Generali PanEurope DAC to Life Co. Consolidation Group.
* Norway-based SpareBank 1 Gruppen AS and DNB ASA signed a letter of intent to merge their SpareBank 1 Forsikring AS and DNB Forsikring AS insurance businesses.
* A wholly owned subsidiary of the Abu Dhabi Investment Authority agreed to acquire up to 21.4% of the shares of Pension Insurance Corp. Group, the ultimate parent of U.K.-based pension...