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Life Insurance & Pensions News

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46-60 of 1541 results
MassMutual signs pension transfer agreement with PPG
By IBR Staff Writer
Massachusetts Mutual Life Insurance has signed a pension transfer agreement to provide group annuities to nearly 11,000 PPG retirees that will reduce PPG's pension obligations.
Life Insurance & Pensions > News
MetLife signs pension buyout agreement with PPG
By IBR Staff Writer
Metropolitan Life Insurance Company (MetLife) has announced today that PPG has entered into an agreement with both MetLife and Massachusetts Mutual Life Insurance Company (MassMutual) to provide annuity benefits to approximately 13,400 retirees in PPG’s defined benefit (DB) pension plans, representing pension obligations of $1.6 billion.
Life Insurance & Pensions > News
Pacific Life acquires Genworth Financial’s term life new business platform
By IBR Staff Writer
Pacific Life Insurance has completed the acquisition of Genworth Financial’s term life new business platform.
Life Insurance & Pensions > News
Japan’s Dai-ichi Life agrees to acquire more stake in Indian insurance JV
By IBR Staff Writer
Japan-based Dai-ichi Life Insurance has entered into an agreement to acquire another 18% stake in its Indian joint venture (JV) Star Union Dai-ichi Life from Bank of India.
Life Insurance & Pensions > News
Voya Financial adds new series of fixed indexed annuities to its broad suite of retirement solutions
By IBR Staff Writer
Voya Financial announced that it has expanded its suite of fixed index annuity products by introducing a new family of solutions aimed at helping individuals grow and protect their savings — while generating guaranteed retirement income.
Life Insurance & Pensions > News
Fujian Thai to buy Dah Sing’s Hong Kong and Macau life insurance units for $1.4bn
By IBR Staff Writer
Fujian Thai Hot Investment has agreed to acquire Dah Sing Financial Holdings’ (DSFH) life insurance businesses in Hong Kong and Macau for HK$10.6bn ($1.4bn).
Life Insurance & Pensions > News
China’s Anbang withdraws application to buy US insurer Fidelity & Guaranty Life
By IBR Staff Writer
China-based Anbang Insurance Group has taken back its application for $1.57bn acquisition of the US-based Fidelity & Guaranty Life (FGL).
Life Insurance & Pensions > News
Phoenix to acquire Axa’s pensions and protection business
By IBR Staff Writer
Phoenix Group's subsidiary Pearl Life Holdings has agreed to acquire AXA Wealth's pensions and protection business, for about £375m.
Life Insurance & Pensions > News
Allianz Life adds convertible term rider, interest bonus to FIUL insurance policy
By IBR Staff Writer
Allianz Life Insurance Company of North America announced new innovative enhancements to the Allianz Life Pro+ Fixed Index Universal Life Insurance (FIUL) policy.
Life Insurance & Pensions > News
Aegon divests remaining part of UK annuity portfolio
By IBR Staff Writer
Aegon announces the sale of GBP 3 billion annuity liabilities to Legal & General. This transaction follows the recently announced sale of GBP 6 billion of its UK annuity portfolio and completes the divestment of Aegon's own annuity portfolio.
Life Insurance & Pensions > News
Securian, Annexus introduce new indexed universal life insurance product
By IBR Staff Writer
US-based Securian Financial Group and Annexus have introduced new Balanced Growth Advantage (BGA), an indexed universal life (IUL) insurance policy with uncapped interest crediting potential.
Life Insurance & Pensions > News
Nationwide launches two fixed indexed annuities
By IBR Staff Writer
Nationwide, last year's fastest growing fixed indexed annuity (FIA) carrier, announced that it added two FIAs to its lineup to help advisors with risk-averse clients approaching retirement provide an option for some growth potential with the comfort of a principal guarantee.
Life Insurance & Pensions > News
British insurer Aviva acquires additional 23% stake in Indian JV
By IBR Staff Writer
British insurer Aviva has completed the acquisition of another 23% interest in Aviva Life Insurance Company India from its joint venture (JV) partner Dabur Invest.
Life Insurance & Pensions > News
Mercer to offer RiskFirst’s PFaroe pensions risk management platform to clients
By IBR Staff Writer
Mercer has signed an agreement with RiskFirst to offer the risk management platform PFaroe® to clients and pension schemes.
Life Insurance & Pensions > News
Exide Life Insurance introduces new savings cum insurance plan in India
By IBR Staff Writer
Exide Life Insurance has introduced a new savings cum insurance plan in India to offer regular guaranteed income and life insurance cover.
Life Insurance & Pensions > News
46-60 of 1541 results