After having received approval from Britain's Financial Services Authority and the South African Reserve Bank, the acquisition of Standard Life's health insurance division, Standard Life Healthcare, by Discovery Holdings has been completed, putting PruHealth in a strong position for growth. The finalized acquisition and integration of the companies over the next few months will make PruHealth…

South Africa-based health insurance company, Discovery Holdings, has signed an agreement with Ping An Insurance Company to take a substantial stake in Ping An's health insurance subsidiary, Ping An Health Insurance Company, in order to develop the Chinese health insurance market. The agreement was signed during a trip to Beijing and Shanghai by South African government officials, including the…

South African financial services provider, Discovery Holdings Ltd. has agreed to buy Standard Life plc's U.K. private health insurance business through its joint venture company with Prudential. Standard Life is set to sell Standard…