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1-15 of 1569 results
Aviva to sell Friends Provident to RL360 for £340m
By IBR Staff Writer
Aviva has agreed to divest its pensions business Friends Provident International (FPIL) to RL360 Holding for around £340m.
Life Insurance & Pensions > News
China Oceanwide’s $2.7bn acquisition of Genworth faces regulatory delay
By IBR Staff Writer
The completion of China Oceanwide’s $2.7bn merger deal with Genworth Financial is likely to be delayed further, owing to a regulatory obstacle.
Life Insurance & Pensions > News
MetLife to buy Logan Circle from Fortress Investment
By IBR Staff Writer
American insurance giant MetLife has agreed to acquire investment manager Logan Circle Partners from Fortress Investment Group’s for nearly $250m in an all-cash deal.
Life Insurance & Pensions > News
Exin to buy 75% stake in Ethniki Insurance from National Bank of Greece
By IBR Staff Writer
Netherlands-based Exin Financial Services has agreed to acquire 75% stake in Greek insurer Ethniki Hellenic General Insurance (Ethniki Insurance) from the National Bank of Greece (NBG) for €718m.
Life Insurance & Pensions > News
Hollard Insurance completes Regent Insurance acquisition
By IBR Staff Writer
South Africa-based Hollard Insurance Group has completed its R1.8bn ($140m) acquisition of Regent Insurance Group from Imperial Holdings.
Life Insurance & Pensions > News
Cinven’s acquisition of Eurovita gets EC approval
By IBR Staff Writer
Cinven Capital Management (V) General Partner Limited of Guernsey has secured approval from the European Commission (EC) to acquire Italian life insurance firm Eurovita Assicurazioni.
Life Insurance & Pensions > News
Chubb inaugurates new office in Reading
Chubb has opened a new office in Reading, Berkshire, and made two key appointments to the local team, as it continues to invest in expanding its local presence in the UK and Ireland to support brokers and their clients.
Life Insurance & Pensions > News
Singapore Life secures license to operate as direct life insurer
By IBR Staff Writer
Singapore Life has secured license from the Monetary Authority of Singapore (MAS) operate as a fully licensed direct life insurer.
Life Insurance & Pensions > News
Regulator deal halts Berkshire Hathaway subsidiary’s bait and switch marketing tactics
Following a year of legal wrangling, Insurance Commissioner Dave Jones announced that the California Department of Insurance has come to a settlement agreement with Berkshire Hathaway subsidiaries to halt the bait and switch marketing tactics used to sell a workers' compensation insurance product, which led to a number of complaints from employers caught up in the costly and complicated policies.
Life Insurance & Pensions > News
MLC Life Insurance collaborates with ClaimVantage for claims transformation program
MLC Life Insurance has partnered with ClaimVantage for its claims transformation program.
Life Insurance & Pensions > News
CF Corporation to buy Fidelity & Guaranty Life for $1.8bn
By IBR Staff Writer
CF Corporation has agreed to acquire US-based insurance firm Fidelity & Guaranty Life (FGL) for around $1.83bn.
Life Insurance & Pensions > News
Scottish Re starts voluntary provisional winding up proceedings in Bermuda
Scottish Re Group has commenced voluntary provisional winding up of its proceedings in Bermuda and filed for parallel winding up of proceedings in the Cayman Islands.
Life Insurance & Pensions > News
Allianz Life introduces new index variable annuity products
By IBR Staff Writer
Allianz Life Insurance Company of North America has introduced two new index variable annuity (IVA) products, which will offer several ways to benefit from the balance of performance potential and level of protection.
Life Insurance & Pensions > News
Aegon to sell two largest US run-off businesses
Aegon has agreed to divest its two largest US run-off businesses, the payout annuity business and the Bank Owned / Corporate Owned Life Insurance business (BOLI/COLI), to Wilton Re.
Life Insurance & Pensions > News
Zurich subsidiary Farmers New World Life reinsures annuity book
Zurich Insurance Group subsidiary Farmers New World Life has signed an agreement with Reinsurance Group of America to reinsure a portion of its closed US annuity book, representing reserves of about $2.3bn.
Life Insurance & Pensions > News
1-15 of 1569 results