Life Company Consolidation Group (LCCG) is pleased to announce that it has signed an agreement with Equitable Life, under which it is proposed that Equitable Life and all of its business transfer to Reliance Life, a specialist UK run-off manager established by LCCG.
LCCG is a specialist life assurance group, which is focused both on the International life market and on the management of in-force policies. Under the proposed transaction it is expected that Equitable Life’s policies will transfer to Reliance Life under a Part VII transfer, expected to complete towards the end of 2019
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