RSA Group

Lloyds seeks GI partner to focus on banking

Lloyds Banking Group is expected to seek a joint venture partner for its general insurance business amid strong speculation that it is gearing up to dispose of its Edinburgh-based life and pensions business Scottish Widows.

Editor's comment: tying the knot

The rest of the world may remain obsessed by romance or reactionaries but the UK insurance industry has unveiled its own all-consuming love affair this week. Acquisitions abound in the headlines and bullish talk is nothing short of bountiful.

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