Financial Times FT.com

StanLife recruits Swiss Re to bolster bid

By Sarah Spikes and Andrea Felsted in London

Published: November 4 2007 19:38 | Last updated: November 4 2007 19:38

Standard Life is fighting to stay in the battle for Resolution, drafting in further support from Swiss Re, the Zurich-based group that joined with the UK life assurer in its attempt to rival suitor Pearl to a deal for the pioneering business that runs closed life books.

Standard has asked Swiss Re to consider taking a stake in Standard, or to agree to buy more of Resolution’s assets than the two had previously agreed.

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