Aetna in November 2017 sold its group life and disability insurance and absence management business to The Hartford for $1.45bn. Life and disability was the only non-health insurance related part of the business remaining after Aetna cut its property casualty insurance business in the mid-1990s. It only brought in about $2bn in premiums in 2016, while Aetna recorded $63.1bn in total revenue, and healthcare premium revenues reached $54.1bn. The

Global Bankers Insurance Group, an international family of insurance and reinsurance companies, will acquire Lincoln Benefit Life Company, a Lincoln, Nebraska, U.S.-based provider of life insurance and annuity solutions. The transaction that will conclude in the first quarter of 2018. Subject to appropriate regulatory approvals by the Nebraska Dept. of Insurance, the sale was prompted by the decision of Lincoln’s Resolution Group, which planned consolidation of Lincoln’s insurance activities

Lloyds Banking Group, the parent of Scottish Widows, in October 2017 announced a deal wherein it will buy Zurich UK’s workplace pensions and savings business in Q1 of 2018. The combined deal would place Scottish Widows as the UK’s third largest workplace savings provider. Zurich will get exclusive distribution rights for group life protection to certain corporate clients of Lloyds’ commercial banking business, while broadening Scottish Widows’ offering in