Pacific LifeCorp closes deal at last

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Pacific LifeCorp has finally completed the purchase of Scottish Re Holdings and the UK portion of th...

Pacific LifeCorp has finally completed the purchase of Scottish Re Holdings and the UK portion of the international life reinsurance segment of the group, after it was originally announced in June. Scottish Re will rebrand to become Pacific Life Re and will continue to provide reinsurance in the UK, Ireland and parts of Asia. Its headquarters will remain in London with its Asia business managed through Singapore.

The completion of the Asia portion of the segment will be concluded later this month.

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