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Life Insurance & Pensions News

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136-150 of 1541 results
Jackson introduces LifePay benefit for fixed index annuity
By IBR Staff Writer
Jackson National Life Insurance announced the launch of LifePay, the company’s first lifetime income benefit option within the Jackson AscenderPlus Select fixed index annuity (FIA).
Life Insurance & Pensions > News
UK’s Standard Life increases stake in Indian insurer HDFC Life
By IBR Staff Writer
UK-based insurer Standard Life has agreed to acquire an additional 9% stake in its Indian insurance venture HDFC Life, for around Rs17bn ($260.6m).
Life Insurance & Pensions > News
Sumitomo Life to buy US insurer Symetra for $3.8bn
By IBR Staff Writer
Japan-based Sumitomo Life Insurance has signed a merger agreement to acquire US-based insurance firm Symetra Financial, for around $3.8bn.
Life Insurance & Pensions > News
Japan's Sumitomo Life plans to acquire US insurer Symetra
By IBR Staff Writer
Japan-based Sumitomo Life Insurance is reportedly planning to acquire US-based insurance firm Symetra Financial.
Life Insurance & Pensions > News
MetLife appoints Cindy Tang as vice president and head of communications for Asia
By IBR Staff Writer
MetLife announced that Cindy Tang will join the company as its Vice President and Head of Communications for the Asia region.
Life Insurance & Pensions > News
Independence Holding completes sale of run-off blocks of individual life and annuities
By IBR Staff Writer
Independence Holding (IHC) announced that its subsidiaries, Madison National Life Insurance Company (MNL) and Standard Security Life Insurance Company of New York, have successfully completed the reinsurance of substantially all of their run-off blocks of individual life and annuities and the sale of MNL’s infrastructure related to those blocks to National Guardian Life Insurance Company for an aggregate of $42m in cash.
Life Insurance & Pensions > News
Wilton Re acquires Aegon’s Canadian life insurance business for EUR417m
By IBR Staff Writer
Netherlands-based Aegon has completed the divestment of its Canadian life insurance business to US-based Wilton Re, for around C$600m (€417m).
Life Insurance & Pensions > News
Fidelity & Guaranty Life launches new modified Single Premium Annuity
By IBR Staff Writer
Fidelity & Guaranty Life, a leading provider of fixed indexed annuities (FIA) and fixed indexed universal life products, announced the launch of FG Retirement Pro, an innovative annuity offering that is designed to provide income payments for retirees.
Life Insurance & Pensions > News
Southland National Insurance to buy DNL’s Colorado Bankers Life Insurance
By IBR Staff Writer
Eli Global life insurance affiliate Southland National Insurance (SNIC) has signed an agreement with Dearborn National Life Insurance (DNL) to acquire its wholly-owned subsidiary Colorado Bankers Life Insurance (CBL).
Life Insurance & Pensions > News
EIG to acquire life insurance subsidiary of Credit Agricole in Greece
By IBR Staff Writer
Euroins Insurance Group (EIG) reached an agreement to acquire the life insurance subsidiary of Credit Agricole in Greece.
Life Insurance & Pensions > News
MetLife launches qualifying longevity annuity contract for individual clients
By IBR Staff Writer
MetLife has launched its Guaranteed Income Builder deferred income annuity as a qualifying longevity annuity contract (QLAC) for qualified individual retirement accounts.
Life Insurance & Pensions > News
AIG expands presence in Chinese-American life insurance market
By IBR Staff Writer
American International Group (AIG), the global insurance organization that traces its roots back to the establishment of a small insurance agency in China nearly a century ago, has launched a sweeping initiative to expand access to life insurance for Chinese-American consumers in the US.
Life Insurance & Pensions > News
MetLife opens new innovation center for life insurance industry in Asia
By IBR Staff Writer
US-based MetLife has opened a new innovation center, LumenLab, in Singapore, in a bid to provide new solutions for the life insurance industry in Asia.
Life Insurance & Pensions > News
John Hancock adds Vitality Solution to indexed universal life insurance product portfolio
John Hancock Insurance announced that the John Hancock Vitality solution, a new approach to life insurance that rewards people for healthy living, is now available on its indexed universal life (IUL) products, Protection IUL and Accumulation IUL.
Life Insurance & Pensions > News
Axa to buy Egypt’s Commercial International Life Insurance for €88m
By IBR Staff Writer
French insurer Axa has agreed to acquire 100% stake in Egyptian life insurance firm Commercial International Life Insurance (CIL), for around EGP763m (€88m).
Life Insurance & Pensions > News
136-150 of 1541 results