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Malibu Life's TruSpire acquisition accelerates entry into US retail annuity market

TruSpire is set to be rebranded as Malibu Life USA

Malibu Life to acquire Texan annuity provider TruSpire

Gives annuity reinsurer a direct origination platform in the US

Third Point shareholders back controversial Malibu Life Re merger

Investor opposition lingers despite majority support for reinsurance pivot

Third Point launches Cayman-based life reinsurer