Tag: life insurance

Phoenix Group to acquire Sun Life UK for £248m

businessnewstoday- August 4, 2022 0

Phoenix Group Holdings has agreed to acquire Sun Life UK, a closed book UK life insurance firm, from Sun Life Financial for £248 million in ... Read More

MedVida to acquire Spanish life insurance company CNP Partners

businessnewstoday- May 8, 2022 0

Mediterráneo Vida (MedVida), a Spanish lifesavings and annuity insurance company, said that it has signed the terms for the acquisition of CNP Partners in a ... Read More

BSE Ebix to distribute LIC insurance products on digital platform

businessnewstoday- February 18, 2022 0

BSE Ebix Insurance Broking has signed an insurance broker agreement with Life Insurance Corporation (LIC) to distribute the latter’s products on its hi-tech platform. The ... Read More

Monument Re to sell closed life insurer Robein Leven to Chesnara

businessnewstoday- November 29, 2021 0

Bermuda-based reinsurer Monument Re has agreed to divest Robein Leven N.V. and its subsidiary Robein Effectendienstverlening to Chesnara plc, a UK-based life and pensions consolidator, ... Read More

TCS enables Heritage Life Insurance in transforming customer experience

businessnewstoday- October 20, 2021 0

Tata Consultancy Services (TCS) has joined forces with Heritage Life Insurance Company, a US-based insurance and reinsurance services provider, in order to enhance the customer ... Read More

HSBC Insurance (Asia-Pacific) to acquire AXA Singapore for $575m

businessnewstoday- August 17, 2021 0

HSBC has signed an all-cash deal worth $575 million through its fully-owned subsidiary — HSBC Insurance (Asia-Pacific) to acquire AXA Insurance Pte Limited (AXA Singapore), ... Read More

Westpac to sell life insurance business to TAL Dai-ichi Life for $660m

businessnewstoday- August 10, 2021 0

Westpac has agreed to divest Westpac Life Insurance Services, its Australian life insurance business, to TAL Dai-ichi Life Australia, a subsidiary of Japan-based Dai-ichi Life ... Read More

Westpac to sell NZ life insurance business to Fidelity Life Assurance

businessnewstoday- July 6, 2021 0

Westpac has agreed to sell its New Zealand life insurance business - Westpac New Zealand Limited to Fidelity Life Assurance Company for NZD 400 million ... Read More

AXA to divest Malaysian insurance business to Generali for €140m

businessnewstoday- June 23, 2021 0

French insurance company AXA has agreed to divest its insurance operations in Malaysia to Italian insurer Generali for €140 million. The sale includes AXA’s 49.99% ... Read More

Integrity Marketing Group acquires life insurance firm Theodore Group

businessnewstoday- June 15, 2021 0

Integrity Marketing Group, an American life and health insurance products distributor, has acquired Theodore Group for an undisclosed price. Based in Kissimmee, Florida, Theodore Group ... Read More