Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
The Prudential Insurance Company of America has closed the acquisition of The Hartford’s individual life insurance business through a reinsurance transaction, valued at $615m in cash. The acquirer is expected to receive nearly $7bn ...
Tags: Prudential Insurance, acquisition, America, Hartford
Allianz Life Insurance Company of North America, a part of Allianz group has within the legal department. Fischer, who replaces general counsel Gretchen Cepek, will be responsible for leading the Legal department's oversight of business ...
Prudential Insurance will be discontinuing the sale of new group long-term care insurance policies in a bid to focus on providing products required by state law for a period of time. The sales will be halted in all states except ...
The wholly-owned subsidiary of UK-based Prudential insurance group,. The company expects the plan to expend up to S$3.6m($2.28m)on the critical illness diagnosis while providing an accidental death benefit of 100%sum assured coverage and ...
Tags: UK-based Prudential insurance group, Prudential Singapore
The Prudential Insurance Company of America has inked a purchase deal with Verizon Management Pension Plan,to settle nearly$7.5bn of pension liabilities under a single premium group annuity contract. As per terms of the ...
Tags: America, insurance, retirement
The Prudential Insurance Company of America has inked a deal with Verizon Communications, pursuant to which the latter will transfer nearly $7.5bn in pension plan obligations to the former. Following the completion of the deal expected in ...
Tags: Prudential Insurance, Verizon Communications, pension plan, insurance
Prudential Insurance has struck a deal with General Motors, which will allow Prudential to assume certain salaried retiree benefit obligations as part of GM’s plan to reduce pension obligations by nearly $26bn. The agreement is ...
Tags: Prudential Insurance, General Motors, retiree benefit, insurance
Prudential Group Insurance, a business of Prudential Financial, has named Andrew Sullivan as the new head of its disability business, with immediate effect. Sullivan, currently spearheading the underwriter's small market business segment, ...
Tags: Prudential Group Insurance, Prudential Financial, Andrew Sullivan
Prudential Group Insurance has appointed Chuck Brousseau as vice president for its national small market business sales. Brousseau will oversee all the work pertaining to small market business sales strategy, sales force direction and ...
Tags: Prudential Group Insurance, Chuck Brousseau, vice president