Luxembourg Finance Group Buys Life Insurer, Eyes Growth

Law360, London (August 30, 2019, 5:06 PM BST) -- Luxembourg's largest finance group, Foyer SA, is to buy a company specializing in international life insurance products as it seeks to expand its presence in the life insurance market, the company said in an announcement Thursday.

GB Life Luxembourg will hand over 100% of its shares to Foyer as the Luxembourg finance firm continues to expand its operations in Europe.

Foyer CEO Marc Lauer said the deal would allow the company to grow both its life insurance and wealth management businesses and help make Luxembourg more attractive as a hub for cross-border life insurance.

GB Life, which has been operating in...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!