Generali to buy Liberty Mutual’s Spanish Unit in $2.5 billion all-cash deal

[ad_1] ROME, June 15 (Reuters) – Generali (GASI.MI) will buy out the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros ($2.51 billion), in a move aimed at…

Old Mutual’s concerned the power crisis, GDP slump will spur policy lapses

[ad_1] South Africa’s second-biggest life insurance firm Old Mutual is bracing for a rise in policy lapses, as consumers take strain under the burden of the country’s battered economy and…