Allianz Life Insurance Company of North America (Allianz Life) has introduced the optional Premium Deposit Fund (PDF) Rider for its Life Pro+ Fixed Index Universal Life Insurance (FIUL) policy. Available for no additional cost, the newly ...
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Property and casualty insurer ACE has inked a definitive agreement to purchase Fianzas Monterrey in Mexico from New York Life Insurance Company for nearly $285m in cash. Commenting on the deal, ACE chairman & chief executive officer Evan ...
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The Competition Commission of India (CCI) has approved Japanese underwriter Nippon Life's bid to acquire 26% stake in Reliance Capital's mutual fund arm RCAML. The INR14500m ($265m) worth deal is believed to be the largest Foreign Direct ...
Tags: CCI, Nippon Life, R-Cap
Presidential Life Corporation, an affiliate of the American Financial Group has acquired Great American Life Assurance (GALAC) for $7.04m in cash. Great American Life Assurance's $5.6m in statutory capital and surplus, comprises of cash, ...
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National Life Group in the US has deployed iPipeline's platform to drive life and annuity product sales within US distribution. According to the solution provider, Content Partner, an on-demand forms and product information repository, ...
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Liberty Bankers Life Insurance Company (LBL) has deployed Princeton Financial Systems' PAM service to support its mortgage assets. Liberty Bankers Life Insurance Company vice president Tina Lowe said the company's current platform did not ...
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The former CEO of GreenWood International Insurance Services Daniel G Boisvert has established a new insurance distribution company GW Global Insurance. The newly floated underwriter will cater retail agents and brokers with a ...
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State Farm Life Insurance has introduced Joint Universal Life (JUL) insurance to provide affordable life insurance coverage under one policy for two individuals. As a flexible premium life insurance policy, JUL comes with a death benefit ...
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Allstate (NYSE: ALL) posted its quarterly earnings results on Wednesday. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.36. The company’s revenue for the quarter was ...
TIAA-CREF Life Insurance Company (TIAA-CREF Life) and M Financial Group (M Financial) have launched three new products for the M Financial clients. The three new products are M Intelligent Variable Universal Life Accumulator, M ...
US insurance holding company Torchmark has purchased a privately owned supplemental health insurance provider Family Heritage Life Insurance Company of America, for nearly $232m. The transaction is expected to be immediately accretive to ...
Amica Life Insurance Company, a subsidiary of Amica Mutual Insurance Company, has implemented LifeSuite Automated Underwriting platform from StoneRiver. Amica has selected the new tool based on its previous experience of use of both ...
PVI Holdings and Sun Life Assurance Company of Canada, has entered into an agreement to establish a joint venture, called PVI Sun Life Insurance Company Limited (PVI Sun Life) to offer innovative life insurance products to customers in ...
Tags: life insurance, joint venture, PVI Sun Life Insurance, insurance product
MassMutual's Retirement Services, a unit of Massachusetts Mutual Life Insurance, has hired Marina Narganes as its new sales director. Narganes will be based in the New York, and will report to MassMutual's Retirement Services Division ...
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New York Life Insurance Company has appointed money management executive Gerald Smith as a new member of the company’s board of directors, effective from 1 November 2012. Smith currently serves as chairman and CEO at his co-founded ...
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