Cowdery's Resolution Life in $3 bln capital raise since Sept. 2018

LONDON, Nov 18 (Reuters) - Resolution Life, which specialises in buying and reinsuring old life insurance businesses, said it has raised $3 billion in fresh capital since Septemeber 2018.

The company, run by veteran insurer Clive Cowdery, also said a deal to buy Australia's AMP Life AMP.AX announced earlier this year is expected to close in the first half of 2020.

(Reporting by Simon Jessop; editing by Carolyn Cohn)

((; +44 (0) 207 542 5052; Reuters Messaging: Reuters Messaging:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.