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British insurer L&G to sell US protection unit to Japan's Meiji Yasuda

ReutersFeb 7, 2025 7:06 AM

- British life insurer Legal & General LGEN.L said on Friday it would sell its U.S. protection business to Japan's Meiji Yasuda, and the companies will form a strategic partnership to expand the US Pension Risk Transfer business in a $2.3 billion deal.

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