sell | e-Asfalistiki
Danaos Corporation Announces $1 Billion in Incremental Contracted Revenues and Sale Proceeds Through New Charter Arrangements for 11 Vessels and the Agreement to Sell 2 Vessels
Danaos Corporation, one of the world’s largest independent owners of containerships, announced that it has entered into new charter arrangements for 11 of its vessels ranging between 2,500 to 10,000…
Legal & General & Mitsubishi sell Central Saint Giles to Google for $1 billion
Legal & General Investment Management Real Assets (LGIMRA) has announced, on behalf of Central Saint Giles Limited Partnership, its 50:50 joint venture with Mitsubishi Estate London Limited, that it has…
Zurich to sell its Italian life and pensions back book to GamaLife
Transaction to release approximately USD 1.2 billion of capital and add 11 percentage points to the Group’s Swiss Solvency Test ratio1 Significant reduction in the Group’s exposure to credit risk…
Swiss Re agrees to sell elipsLife to Swiss Life International and to enter into a long-term partnership supported by reinsurance
Swiss Re announced that it has agreed to sell its life insurance subsidiary Elips Life AG (“elipsLife“) to Swiss Life International and to enter into a long-term reinsurance partnership for…
Prudential Financial to sell $31B PALAC block of legacy variable annuities to Fortitude Re
De-risking transaction for 17% of Prudential’s annuity block advances transformation strategy by reducing exposure to traditional variable annuities with guaranteed living benefits and capital markets sensitivity Affirms Prudential’s commitment to…
Argo Group to Sell Contract Binding P&C Renewal Rights to Mesa Underwriters Specialty Insurance Company
Argo Group International Holdings Ltd. (NYSE: ARGO), an underwriter of specialty insurance, announced an agreement to sell the renewal rights of its contract binding property and casualty business to Mesa…
ABN AMRO to sell portfolio of energy loans
ABN AMRO has agreed to sell a portfolio of energy loans to funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and affiliates of Sixth Street Partners (“Sixth Street”). Oaktree and…
Allstate to Sell Life Insurance Company to Blackstone for $2.8M to Grow in P/C
The Allstate Corporation (NYSE: ALL) has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by Blackstone for $2.8 billion. ALIC holds approximately 80% (or $23 billion) of…
Argo Group Agrees to Sell Its Italian Business
Argo Group International Holdings Ltd., a Bermuda-based underwriter of specialty insurance products, announced an agreement to sell its Italian operations, ArgoGlobal Assicurazioni S.p.A (AGA) to Perfuturo Capital AG, a Swiss…
National Bank of Greece agrees to sell a Romanian-risk non-performing loan portfolio (Project Danube) to Bain Capital Credit
National Bank of Greece (“NBG”) announces that it has entered into a definite agreement with Bain Capital Credit (“Bain Capital”) for the disposal of a Romanian-risk corporate NPE portfolio (“Project…
