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Life Insurance & Pensions News

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91-105 of 1541 results
Sumitomo Life wins regulatory approvals to complete $3.8bn Symetra acquisition
By IBR Staff Writer
Sumitomo Life Insurance has secured all regulatory approvals in the US and Japan to complete the acquisition of insurance firm Symetra Financial, for around $3.8bn.
Life Insurance & Pensions > News
Prudential and LeapFrog to invest $350m in African life insurance firms
By IBR Staff Writer
Prudential Financial has established a $350m investment partnership with LeapFrog Investments to expand its insurance operations in African countries.
Life Insurance & Pensions > News
Genworth closes sale of certain blocks of term life insurance policies
By IBR Staff Writer
Genworth Financial announced that it has closed the previously announced sale of certain blocks of term life insurance to Protective Life Insurance Company.
Life Insurance & Pensions > News
National Western Life launches new simplified issue life platform
By IBR Staff Writer
National Western Life Insurance has expanded its product portfolio with the launch of simplified issue life coverage, NWL OptionLife series.
Life Insurance & Pensions > News
Vantis Life re-launches annuity for concerned clients
By IBR Staff Writer
Vantis Life Insurance announced that its multi-year guarantee annuity, "Freedom I," is being re-launched with special features for retirees.
Life Insurance & Pensions > News
MetLife plans to separate US life insurance business
By IBR Staff Writer
MetLife has unveiled plans to separate a major portion of its life insurance and retail business from the core company in the US.
Life Insurance & Pensions > News
Kotak Mahindra introduces new participating whole life insurance product in India
By IBR Staff Writer
Kotak Mahindra Old Mutual Life Insurance has launched new participating whole life plan, Premier Life Plan, in India.
Life Insurance & Pensions > News
Ameritas acquires $2.1bn of life insurance in force
By IBR Staff Writer
Ameritas Life Insurance, headquartered in Lincoln, Nebraska, announced it has acquired, through coinsurance, two closed blocks of primarily whole life insurance policies with a total face amount of $2.1bn.
Life Insurance & Pensions > News
American National Insurance introduces new uncapped strategy with Signature IUL policy
By IBR Staff Writer
American National Insurance Company is pleased to introduce a new indexed strategy for new Signature Indexed Universal Life (IUL) policies. These life insurance policies provide a combination of death benefit and accumulation value to provide protection and growth potential.
Life Insurance & Pensions > News
John Hancock introduces new enhanced Accumulation VUL product
By IBR Staff Writer
John Hancock Insurance has added a new vitality solution to its variable universal life insurance product, Accumulation VUL.
Life Insurance & Pensions > News
AIG launches Secure Lifetime GUL 3 universal life insurance product
By IBR Staff Writer
American International Group (AIG) announced the launch of Secure Lifetime GUL 3, a flexible premium, adjustable universal life insurance with secondary guarantee provisions designed to offer competitive pricing and consumer-friendly features.
Life Insurance & Pensions > News
AIA to buy additional 23% stake in India’s Tata AIA Life Insurance
By IBR Staff Writer
Hong Kong-based AIA Group has entered into an agreement to acquire another 23% stake in India’s Tata AIA Life Insurance.
Life Insurance & Pensions > News
Sun Life Financial to buy additional 23% stake in India’s Birla Sun Life Insurance for $254m
By IBR Staff Writer
Canada-based Sun Life Financial has entered into an agreement with India’s Aditya Birla Nuvo (ABNL) to acquire another 23% stake in Birla Sun Life Insurance (BSLI), for Rs16.64bn (C$340m or $254m).
Life Insurance & Pensions > News
Axa completes acquisition of Egypt’s Commercial International Life Insurance for EUR92m
By IBR Staff Writer
French insurer Axa has completed the acquisition of Egyptian life insurance firm Commercial International Life Insurance (CIL), for around EGP763m (€92m).
Life Insurance & Pensions > News
South Africa’s Absa to buy 75% stake in Instant Life
By IBR Staff Writer
South Africa-based Absa has agreed to purchase 75% stake in life insurer Instant Life, for an undisclosed sum.
Life Insurance & Pensions > News
91-105 of 1541 results