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Life Insurance & Pensions News

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106-120 of 1550 results
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
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
106-120 of 1550 results