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Life Insurance & Pensions News

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151-165 of 1576 results
Deutsche Bank evaluates options to sell Abbey Life insurance business
By IBR Staff Writer
Germany’s Deutsche Bank is reportedly considering the sale of of Abbey Life insurance unit, at a value of around $4.6bn.
Life Insurance & Pensions > News
North American Company introduces new Charter Plus fixed index annuity product
By IBR Staff Writer
North American Company for Life and Health Insurance has launched a new Charter Plus fixed index annuity product, which provides an upfront premium bonus and fixed and indexed crediting options.
Life Insurance & Pensions > News
Allianz Life hires Shannon Waite as senior director, operations contact center
By IBR Staff Writer
Allianz Life Insurance Company of North America has hired Shannon Waite as senior director of the Contact Center in the Operations division.
Life Insurance & Pensions > News
Prudential Insurance receives group annuity contract from J. C. Penney
By IBR Staff Writer
The Prudential Insurance Company of America has received a group annuity contract from J. C. Penney Company, which covers around 43,000 retirees and their beneficiaries.
Life Insurance & Pensions > News
Dai-ichi’s Protective Life to acquire Genworth’s certain blocks of term-life policies for $661m
By IBR Staff Writer
Dai-ichi Life Insurance’s US wholly-owned subsidiary Protective Life has agreed to acquire certain blocks of term-life policies from Genworth Financial, for around $661m.
Life Insurance & Pensions > News
Swiss Re to acquire UK’s Guardian Financial Services for GBP1.6bn
By IBR Staff Writer
Swiss Re subsidiary Admin Re has agreed to purchase UK’s life insurance consolidation business, Guardian Holdings Europe, from private equity firm Cinven, for around £1.6bn.
Life Insurance & Pensions > News
UK insurer Phoenix evaluating options to buy Guardian Financial Services
By IBR Staff Writer
UK-based insurance services provider Phoenix Group Holdings has confirmed that it is evaluating options to purchase Guardian Financial Services, which provides closed book consolidation and capital release solutions to banks and insurers.
Life Insurance & Pensions > News
iA Financial Group launches universal life insurance product EquiBuild
By IBR Staff Writer
Industrial Alliance Insurance and Financial Services (Industrial Alliance or iA Financial Group) announced the launch of EquiBuild, a flexible universal life insurance product for clients seeking long-term growth of their wealth.
Life Insurance & Pensions > News
New York Life introduces new income annuity product
By IBR Staff Writer
New York Life Insurance has introduced a new income annuity product, Mutual Income, which enables the clients to directly take part in the firm’s mutual structure.
Life Insurance & Pensions > News
Voya Financial enters into agreement with RGA on block of term life policies
By IBR Staff Writer
Voya Financial announced that it has entered into an agreement to sell via reinsurance an in-force block of approximately 155,000 term life insurance policies to Reinsurance Group of America (RGA).
Life Insurance & Pensions > News
Farmers New World Life Insurance introduces Farmers Index Universal Life
In response to consumer demand for more life insurance options that offer lifetime coverage with potential cash value growth, Farmers Life has introduced the Farmers Index Universal Life policy.
Life Insurance & Pensions > News
Guardian introduces new life insurance rider
By IBR Staff Writer
The Guardian Life Insurance Company of America has introduced new Index Participation Feature (IPF), which allows Whole Life policyholders to link a portion of their cash value to the performance of the S&P 500 Price Return Index.
Life Insurance & Pensions > News
MetLife announces chief distribution officer, Asia
By IBR Staff Writer
MetLife announced the appointment of Bharat Kannan to the position of Chief Distribution Officer for Asia.
Life Insurance & Pensions > News
Allianz Life promotes Todd Hedtke to SVP and chief investment officer
By IBR Staff Writer
Allianz Life Insurance Company of North America has promoted Todd Hedtke to senior vice president and chief investment officer for Allianz Investment Management (AIM) US.
Life Insurance & Pensions > News
Principal Financial Group acquires Axa’s pension business in Hong Kong for $335m
By IBR Staff Writer
US-based Principal Financial Group has completed the acquisition of Axa’s Mandatory Provident Fund (MPF) and Occupational Retirement Schemes Ordinance (ORSO) pension business in Hong Kong, for around $335m.
Life Insurance & Pensions > News
151-165 of 1576 results