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The deal comes off the back of several similar processes the insurance giant unit has undertaken over the past three years.
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Tan Pawar and Harry Leitch from global specialist broker BMS discuss the rise of warranty and indemnity insurance in single-asset and concentrated GP-led deals and how it's being used.
The US's largest life insurer wants to hire a senior VP and a VP to work in its alternative assets group.
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Insurance companies have already started selling off private equity assets in anticipation of the January 2016 implementation.
The seller of the fund interest, Legal & General Assurance Society, is winding down its commitments to private equity.
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