Life Insurance & Pensions
US life insurer expands use of Kofax systems to improve claims processing
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Smart process applications provider Kofax has said that a major life insurance carrier based in the US has expanded the usage of its systems to improve the pace of claims processing.
Life Insurance & Pensions > News
Smart process applications provider Kofax has said that a major life insurance carrier based in the US has expanded the usage of its systems to improve the pace of claims processing.
Life Insurance & Pensions > News
Prudential Group Insurance names new president and COO
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US-based Prudential Financial has named Lori Dickerson Fouché as president and COO of Prudential Group Insurance.
Life Insurance & Pensions > News ORIX to acquire 25.7% stake in MEDGULF Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF).
Life Insurance & Pensions > News
US-based Prudential Financial has named Lori Dickerson Fouché as president and COO of Prudential Group Insurance.
Life Insurance & Pensions > News ORIX to acquire 25.7% stake in MEDGULF Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF).
Life Insurance & Pensions > News
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Generali to sell 49% stakes in Mexican insurance businesses to Banorte
Generali Group has agreedt to dispose of its 49% stakes in the Mexican insurance joint ventures (JVs), Seguros Banorte Generali and Pensiones Banorte Generali, to Grupo Financiero Banorte, in a deal valued at $857.5m (€649m).
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Foresters deploys MajescoMastek’s systems
Life insurance provider Foresters has implemented MajescoMastek’s Elixir North America policy administration system (PAS) and New Business & Underwriting (NB&U) solution.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Sanlam mulls to acquire Zurich’s 40% stake in MCIS
South Africa-based financial services provider Sanlam is mulling to acquire a 40% holding in MCIS Zurich Insurance, in an effort to boost its presence in Malaysia.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Berkshire Hathaway may acquire Unipol insurance assets
Warren Buffett's Berkshire Hathaway is likely to purchase the assets of Italian insurer Unipol, which are being disposed of as part of a merger with Fondiaria-SAI.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
New York Life names new CEO of Nautilus Group
New York Life Insurance Company has named Brooke Zrno Grisham as CEO in charge of the Nautilus Group to head a premier team of industry professionals based in Dallas.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Old Mutual set to acquire Provident Life Assurance
South Africa-based long-term savings, protection and investment group, Old Mutual is considering acquisition of a majority stake in Ghana-based Provident Life Assurance Company, in an effort to expand its geographical footprint in African region.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Royal London members approve acquisition of Co-operative Insurance Society
UK-based mutual life and pensions company Royal London has announced that 95% of its members have approved the acquisition of Co-operative Insurance Society (CIS), the life insurance business of the Co-operative Banking Group.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Generali to offload 100% of US life reinsurance business to SCOR
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
Genworth rolls out first Index Universal life insurance policy
Genworth Financial has debuted its first Index Universal Life (IUL) insurance product, which integrates a death benefit with tax-deferred cash accumulation and an optional Accelerated Benefit Rider for Long Term Care Services.
Life Insurance & Pensions > News
Life Insurance & Pensions > News
MetLife eliminates 2,500 advisers to save operational costs
New York-based insurer MetLife has eliminated the jobs of 2,500 advisers, representing a third of total, in a bid to save operational cost and make the company more productive.
Life Insurance & Pensions > News
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