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106-120 of 1544 results
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
Nippon Life to buy additional 23% stake in India’s Reliance Life for $342m
By IBR Staff Writer
Japan-based Nippon Life Insurance has entered into an agreement with India’s Reliance Capital to acquire another 23% stake in Reliance Life Insurance, for Rs22.7bn ($342m).
Life Insurance & Pensions > News
Cinven to acquire insurance firm Ergo Italia
By IBR Staff Writer
Private equity firm Cinven has agreed to acquire German insurer Ergo Group’s subsidiary Ergo Italia, in a bid to expand insurance operations in the Italian market.
Life Insurance & Pensions > News
India’s ICICI to sell 6% stake in life insurance business for $4.9bn
By IBR Staff Writer
India-based banking and financial services firm ICICI Bank has agreed to sell 6% stake in ICICI Prudential Life Insurance, for around Rs325bn ($4.9bn).
Life Insurance & Pensions > News
Sun Life Financial to acquire additional 26% stake in Vietnam’s PVI Sun Life Insurance
By IBR Staff Writer
Sun Life Assurance Company of Canada has signed an agreement with PVI Holdings to acquire an additional 26% stake in Vietnam-based joint venture (JV) insurance firm, PVI Sun Life Insurance.
Life Insurance & Pensions > News
China’s Anbang to buy Fidelity & Guaranty Life for $1.57bn
By IBR Staff Writer
China-based Anbang Insurance Group has signed an agreement to acquire US-based Fidelity & Guaranty Life (FGL), for around $1.57bn.
Life Insurance & Pensions > News
Symetra stockholders approve acquisition by Sumitomo
By IBR Staff Writer
Symetra Financial announced that its stockholders overwhelmingly adopted the Agreement and Plan of Merger, dated Aug. 11, 2015, among Symetra, Sumitomo Life Insurance Company (Sumitomo) and SLIC Financial Corporation, which provides for the acquisition of Symetra by Sumitomo, at a Special Meeting of Symetra’s stockholders held earlier today.
Life Insurance & Pensions > News
Japan’s Nippon Life to acquire 80% stake in NAB’s life insurance arm for $1.7bn
By IBR Staff Writer
Japan-based Nippon Life Insurance has signed an agreement to acquire 80% stake in National Australia Bank’s (NAB) life insurance subsidiary, MLC, for around AUD2.4bn ($1.7bn).
Life Insurance & Pensions > News
Nippon Life to acquire additional 23% stake in India’s Reliance Life Insurance for $385m
By IBR Staff Writer
Japan-based Nippon Life Insurance has reportedly agreed to purchase another 23% stake in India’s Reliance Life Insurance for Rs25bn ($385m).
Life Insurance & Pensions > News
Nippon Life Insurance likely to buy Australian insurer
By IBR Staff Writer
Nippon Life Insurance is looking outside its domestic market in Japan, with new acquisitions and increase in stakes, for revenue expansion.
Life Insurance & Pensions > News
BNP Paribas Cardif to increase stake in SBI Life Insurance
By IBR Staff Writer
French bank BNP Paribas' insurance subsidiary BNP Paribas Cardif is reportedly planning to expand in the Indian insurance market by increasing its stake in SBI Life Insurance.
Life Insurance & Pensions > News
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
106-120 of 1544 results