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Chesnara will buy MetLife's UK life insurance business that is no longer active.

DealRead the original at finanzen.ch
Neutral

MetLife agreed to sell its closed-book UK life insurance business but will keep its UK protection business. The sale price and expected financial effect were not disclosed, so the report does not change the company's outlook.

MET · MetLife, Inc.

AI read · Neutral

The AI's read

The sale removes a closed-book business from MetLife's UK operations, but the report gives no sale price or expected financial effect. MetLife will keep serving customers in its UK protection business, so the report does not show whether this change helps or hurts the company's outlook.

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