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1-15 of 1589 results
IBM, MetLife, Majesco develop new platform for insurers
By IBR Staff Writer
Tech-giant IBM and insurance companies MetLife and Majesco have joined forces on what they claim an industry-first insurance platform.
Life Insurance & Pensions > News
Symetra expands universal life portfolio
Symetra Life Insurance has introduced new indexed universal life product, Symetra Accumulator IUL.
Life Insurance & Pensions > News
Aviva to acquire majority stake in Wealthify
By IBR Staff Writer
Aviva has agreed to acquire majority stake in Wealthify Group, the holding company of low-cost, ‘robo’ investment service Wealthify of the UK.
Life Insurance & Pensions > News
Equisoft achieves specialization on Oracle Insurance Policy Administration
Equisoft has became the world's first system integrator specialized on the latest certifiable version (version 10) of the Oracle Insurance Policy Administration (OIPA) for Life and Annuity platform.
Life Insurance & Pensions > News
Aviva agrees to divest Italian JV to Banco BPM
Aviva has agreed to sell its entire stake in its joint venture in Italy, Avipop Assicurazioni which includes its wholly owned subsidiary Avipop Vita, to Banco BPM for a consideration of €265m (£233m3), payable in cash upon completion.
Life Insurance & Pensions > News
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
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.
Life Insurance & Pensions > News
Prudential sells US broker-dealer network
Prudential, a British multinational life insurance and financial services company, has sold its broker-dealer network in the US.
Life Insurance & Pensions > News
Aegon to divest Irish business to Athene
By IBR Staff Writer
Dutch insurance company Aegon has agreed to divest its Irish business to Ager Bermuda, the parent company of the European operations of Athene, for about €180m.
Life Insurance & Pensions > News
Prudential to combine UK businesses into M&G Prudential
UK-based insurance services company Prudential is set to merge its asset manager, M&G, and Prudential UK & Europe (Prudential UK&E) to form M&G Prudential, a savings and investments business aiming to meet increasing customer demand for comprehensive financial solutions.
Life Insurance & Pensions > News
1-15 of 1589 results