MetLife said that its subsidiary — Metropolitan Tower Life Insurance has wrapped up a couple of longevity reinsurance deals with Phoenix Group, a UK-based long-term savings and retirement business. As per the terms of the agreement, Metropolitan Tower Life Insurance will provide reinsurance to Phoenix Group for longevity risk associated with nearly $2.4 billion of […]
MetLife acquisition of Versant Health : US life insurance giant MetLife has signed an all-cash deal worth around $1.675 billion to acquire Versant Health, a vision-care benefits company, from an investor consortium comprising Centerbridge Partners, FFL Partners, and others. Versant Health is the owner of vision care benefits company Davis Vision and vision care solutions […]