Zurich has put its UK annuities business on the market, according to reports.
Interest in the £4bn business is already high as investors flood into the deal, drawn to possible cost savings made by merging funds and offsettings risks posed by increased life expectancy.
Synesis, a JP Morgan-backed life insurer, is thought to be the leading contender, with Prudential, Aviva and Aegon also in the running.
Goldman Sachs has also been mooted as a potential buyer after the recent formation of a life assurance business specifically to buy out pensions and annuities businesses.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
