Pacific Life buys Scottish Re's international arm for $71.2m
Pacific Life Insurance Company, the parent company of Pacific Life, said it will buy the international life reinsurance arm of beleagured life reinsurer Scottish Re for $71.2m.
The new operation, to be called Pacific Life Re, will provide reinsurance solutions to insurance and annuity providers in the UK and Ireland and to insurers in selected markets in Asia.
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