保険 退役軍人 Cowdery raising money for Bermuda 基金-sources

By David French and Carolyn Cohn

NEW YORK/LONDON, Aug 10 (Reuters) - British 保険 entrepreneur Clive Cowdery is raising money for a fourth 投資 乗り物, at the same time as his third, U.S.-焦点(を合わせる)d 基金 is 存在 負傷させる 負かす/撃墜する and its 単独の 資産 put up for sale, sources aware of the 事柄 told Reuters.

Cowdery, 創立者 of The 決意/決議 Group, is one of UK 保険's biggest 指名するs, having spent more than a 10年間 acquiring life 保険 companies that were usually の近くにd to new (弁護士の)依頼人s and then 器具/実施するing cost 貯金 to help 支える returns.

The new Bermuda-based 基金 will 持続する the same 焦点(を合わせる) by reinsuring の近くにd-調書をとる/予約する 商売/仕事s in the 部隊d 明言する/公表するs and Europe, によれば two sources aware of the 事柄, who spoke on 条件 of anonymity as the (警察などへの)密告,告訴(状) isn't public.

Jonathan Moss, 長,指導者 財政上の officer of Aviva's French 商売/仕事, has been lined up to run the 基金, one source 追加するd. Moss was 長,指導者 (n)役員/(a)執行力のある of what is now 不死鳥/絶品 Group when it bought Cowdery's first 決意/決議 基金 in 2008.

The 基金 is looking for かかわり合いs from 投資家s of a couple of billion dollars, a second source said.

A 広報担当者 for 決意/決議 拒絶する/低下するd to comment.

Moss did not 答える/応じる to request for comment.

Life 保険 and annuity 商売/仕事s have been difficult areas for 伝統的な 保険 会社/堅いs as they have struggled to make enough money to cover long-称する,呼ぶ/期間/用語 payouts in the low 利益/興味 率 環境. Many have chosen to sell these 部隊s to 私的な 公正,普通株主権 and specialist 会社/堅いs such as 決意/決議.

Atlas Merchant 資本/首都, led by former Barclays 大統領 (頭が)ひょいと動く Diamond, is の近くに to buying Hartford 財政上の Services' annuity run-off 商売/仕事 for as much as $3.5 billion, sources said last month, and Dutch 保険会社 Aegon NV 完全にするd the sale of the 大多数 of its U.S. run-off 商売/仕事, 価値(がある) $14 billion, to Wilton Re in June.

UP FOR SALE

In Europe, Italian 保険会社 Generali ha s put its 44 billion euro ($51.7 billion) German の近くにd life 保険 大臣の地位 up for sale, sources told Reuters last month. British 保険会社 Prudential said on Thursday it may sell part of its 45 billion 続けざまに猛撃する ($58.4 billion) の近くにd annuity 調書をとる/予約する.

Reinsurance is an 代案/選択肢 for 販売人s to offloading the 商売/仕事s altogether.

一方/合間, Cowdery's third 基金, 決意/決議 Life, is marketing Nebraska-based Lincoln 利益 Life to 可能性のある 買い手s as the 基金 is 負傷させる 負かす/撃墜する, five sources aware of the 事柄 said.

初期の 企て,努力,提案s were 予定 in at the end of July, によれば two sources, with the の近くにd provider of life 保険 and annuities 推定する/予想するd to fetch in the 地域 of $500 million. Morgan Stanley is advising 決意/決議 Life.

There are questions over whether the company will 最終的に be sold, with two of the sources 公式文書,認めるing Cowdery could choose to 移転 所有権 of Lincoln to his new 基金 if 決意/決議 Life was unhappy with the (米)棚上げする/(英)提議するd 申し込む/申し出s.

The 中止するd sale would then become a way for Cowdery to calculate an updated market value for the 商売/仕事, since it was bought from Allstate Corp in 2014 for $600 million.

While a 価値低下 in the 資産's value is to be 推定する/予想するd, given no new 政策s are 存在 written and 存在するing ones are 存在 managed to 成熟, the fact most of the $2 billion of 資本/首都 which 決意/決議 Life had to (軍隊を)展開する,配備する remains uninvested is likely to be a bone of 論争 with 投資家s, two of the sources said.

Blackstone and Prudential 財政上の are の中で the 投資家s in 決意/決議 Life, sources said. Blackstone 拒絶する/低下するd to comment and Prudential 財政上の did not すぐに 答える/応じる to a request for comment. ($1 = 0.8507 euros) ($1 = 0.7707 続けざまに猛撃するs) (付加 報告(する)/憶測ing by Dasha Afanasieva and Pamela Barbaglia in London; Editing by David Holmes)

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