December 4, 2018 / 7:19 AM / 9 days ago

Dutch insurer ASR acquires Loyalis to expand in disability insurance

Dec 4 (Reuters) - Dutch insurer ASR said on Tuesday it was acquiring Loyalis, part of pensions administrator APG, in a 450 million euro ($512 million) deal to expand in disability insurance.

The company expects Loyalis to contribute over 40 million euros to its net operating result in 2022.

$1 = 0.8783 euros Reporting by Alan Charlish in Gdynia Editing by Edmund Blair

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