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Life Company Consolidation Group (LCCG) is pleased to announce that Reliance Life Limited, a newly formed and authorised UK Life company established by LCCG has completed the acquisition of the business of Reliance Mutual Insurance Society Limited. |
Reliance Life has approximately 200,000 policies and manages assets of £1.9 billion from its offices in Tunbridge Wells, Kent. It is expected to form the platform for further acquisitions of traditional books of life business in the rapidly developing UK run-off market. |
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