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Life Insurance & Pensions

Commonwealth Bank to divest Australian and NZ life businesses to AIA for $3.8bn By IBR Staff Writer
Commonwealth Bank of Australia has agreed to sell 100% of its life insurance businesses – CommInsure Life in Australia and Sovereign in New Zealand – to AIA Group for $3.8bn.
Life Insurance & Pensions > News
Monument Re buys stake in ABN AMRO Life Capital Belgium Monument Re has acquired complete ownership over Benelux Life Run-Off SCS, including its acquisition of ABN AMRO Life Capital Belgium, the Belgian life insurance subsidiary of ABN AMRO (AALCB), subject to regulatory approvals.
Life Insurance & Pensions > News Aviva sells Spanish businesses for €475m Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m.
Life Insurance & Pensions > News
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Aviva sells Spanish businesses for €475m
Aviva has completed the sale of its 50% stake in the Spanish life insurance and pension joint ventures, Unicorp Vida and Caja España Vida, and the retail life insurance business, Aviva Vida y Pensiones, to Santalucía for a total consideration of €475m.
Life Insurance & Pensions > News
Oceanwide gets nod to buy Genworth's Virginia-Domiciled insurance firms
Virginia Regulator has approved Oceanwide's proposed acquisition of Genworth's Virginia-Domiciled insurance companies.
Life Insurance & Pensions > News
Swiss Life under US DOJ scrutiny over tax evasion role
The American Department of Justice (DOJ) has contacted Swiss Life regarding its cross-border business with US clients.
Life Insurance & Pensions > News
Aviva to divest 50% stake in Italian JV to Banco BPM
By IBR Staff Writer
Aviva Italia Holding has exercised an option to divest its entire 50% stake in its Italian joint venture (JV) in Italy, and its subsidiary Avipop Vita (AV), to Banco BPM.
Life Insurance & Pensions > News
Aflac expands life insurance portfolio
Aflac, a US-based provider of supplemental insurance, has launched new Group Term Life and Group Whole Life products to strengthen its group life insurance portfolio.
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