Reliance set to buy SEB Trygg

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RELIANCE Mutual Insurance Society is set to acquire SEB Trygg Life Assurance Company, which has £70m funds under management.

The acquisition will see Reliance Mutual take over SEB Trygg’s 10,500 policies – 90pc of which are pensions products. Reliance Mutual chief executive Mark Goodale said that he was “confident” that...

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