Protective Life has received insurance regulatory approvals required in order for its subsidiary Protective Life Insurance to acquire MONY Life Insurance, as well to reinsure certain policies of MONY Life Insurance Company of America ...
Tags: Protective Life, Mony Life
Malaysia-based diversified financial conglomerate CIMB Group is seriously exploring options to divest certain stake in Indonesian life-insurance joint venture (JV), PT CIMB Sun Life, to leverage growth opportunities in Southeast Asia. ...
Tags: Life-Insurance, CIMB Mulls
SBLI of Massachusetts, a life insurance products provider, has rolled out six whole life products and eight riders, with an aim to better meet customers’ insurance needs. The insurance policies are available in various payment ...
Tags: Life Products, insurance
ACE has received a license from the Tunisian Ministry of Finance to set up its reinsurance operation in the country, which is part of its continued strategy to boost business across Middle East and North Africa (MENA) region. The global ...
Tags: Insurance License
The Tire Industry Association (TIA) has announced a self-funded group employee benefits solution for its members through an alliance with The Association Benefits Solution (TABS). "TIA has been exploring solutions to the health insurance ...
Tags: Auto Parts
US-based insurer MetLife will roll out the Enhanced Care Benefit as a rider available on its entire whole life portfolio, to offer consumers with greater flexibility and convenience to fulfill their insurance needs. Available for policies ...
New York financial regulators will soon order major life insurers in the state to set aside a total of $4bn to add to their reserves, following violation of new insurance claims rules. The regulators said that life insurers were not ...
Tags: Service
The European Parliament voted Wednesday to limit the use of biofuels in the European Union, one of a series of potential changes to the bloc's climate-change policies that investors say are creating uncertainty and bottling up energy ...
Tags: biofuels, Metallurgy, Mineral, Energy
China Eastern Airlines Group, parent of leading Chinese airline China Eastern Airlines Corp. Ltd. (SHSE: 600115 and SEHK: 0670), plans to quit Cathay Life Insurance Co., Ltd. It put a 50 percent stake in the 50-50 joint venture with ...
Tags: Service
Mutual insurer Guardian Life Insurance Company of America has rolled out a new longevity solution, dubbed as life insurance coverage, for long term care (LTC) requirements. Customers buying a Guardian core whole life insurance product ...
Tags: Life Insurance
Foreign insurance giants have cast eye on the Chinese vehicle insurance market in succession. Hubei Biocause Pharmaceutical Co., Ltd. (SZSE: 000627), a shareholder of Tianping Auto Insurance Co., Ltd., said in a statement on September ...
Tags: Vehicle Insurance, Service
The ERGO Insurance Group, which is part of the Munich Re Group, has launched a joint venture (JV) ERGO China Life to offer life insurance to private customers in the Chinese province of Shangdong. Shandong is said to be the third largest ...
Tags: ERGO Insurance, China Life
Guardian Life Insurance, a mutual life insurer and a provider of employee benefits, has appointed Caitlin Pincus as senior vice president of Strategy & Guardian Labs and Dean Del Vecchio as senior vice president and chief information ...
Tags: Guardian Life, Insurance
American Family Insurance has inked an acquisition agreement to purchase direct homeowners insurer Homesite Group for approximately $616m. Headquartered in Boston, Homesite is a direct writer of homeowners, renters and condominium ...
Tags: Insurance, Homesite Group
SCOR Global Life Americas (SGLA), a reinsurance solutions provider, has appointed Scott Boug as senior vice president for Financial Solutions and deputy head of SCOR Global Life Financial Solutions. Scott will lead the structuring ...