Resolution could split before sale

Insurance firm Resolution says it could split its business into two to attract a buyer.

Insurance firm Resolution says it could split its business into two to attract a buyer.

Resolution was set up by finance entrepreneur Clive Cowdery in 2008 to acquire life assurance businesses that were seen to be failing or under-performing. It now owns Friends Provident, BHA and a big chunk of Axa's UK business.

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