All articles by Verdict Staff

Verdict Staff

Merger Agreement to Sell Acacia Federal Savings Bank Canceled

Ameritas Life Insurance Corp. (Ameritas Life) and its affiliate Acacia Life Insurance Company jointly announced today the agreement to sell Acacia Federal Savings Bank of Falls Church, Va. (Bank) to Customers Bancorp of Wyomissing, Pa. (Customers) was mutually terminated between the parties due to continued uncertainty in timing of receipt of final regulatory approval.

UK: Aviva unveils new integrated online system for Advisers

In a unique move, Aviva has opened up its platform proposition to all advisers registered on the Aviva for Advisers (A4A) website, providing more advisers with access to the complete Aviva product range, including platform investment choices and packaged products through one single portal.

Aviva unveils new integrated online system for Advisers

In a unique move, Aviva has opened up its platform proposition to all advisers registered on the Aviva for Advisers (A4A) website, providing more advisers with access to the complete Aviva product range, including platform investment choices and packaged products through one single portal.

Bupa completes acquisition of Polands largest private healthcare provider LUX MED

Further to the statement of 21 December 2012, Bupa, the international healthcare group, is pleased to announce the completion of its acquisition of LUX MED Group (‘LUX MED’), the largest private healthcare provider in Poland from private equity firm Mid Europa Partners. The purchase price was €400m (£325.5m).

Bupa appoints Gerry Kelly as Chief Risk Officer

Bupa has appointed Gerry Kelly to the position of Chief Risk Officer. Gerry joins from Lloyds Banking Group where has was Regulatory and Conduct Risk Director for Insurance, responsible for overseeing business performance and compliance in the areas of regulatory, conduct risk and financial crime prevention.

Standard Life Canada names independent director

The Standard Life Assurance Company of Canada has appointed Gerry Rocchi as its independent director and of two affiliated companies, effective 1 January 2013.

Homesteaders Life appoints new CFO

US-based Homesteaders Life Company, Inc. has appointed Steve Pick as its new executive vice president, CFO and Treasurer, succeeding Glen Hare.

Protective Life Insurance to acquire AXA life insurance unit for $1.06bn

Protective Life Insurance Company, the principal subsidiary of Protective Life Corporation, has agreed to buy Mony Life Insurance Company from parent AXA SA for $1.06bn to access its portfolio of life insurance policies.

Standard Life launches term life product with four convenient riders

US-based Standard Life and Accident Insurance Company (Standard Life) has launched AdvantageShield Term Life Insurance, a new term life product with competitive rates and four riders.

American Equity selects iPipeline’s Content Partner solution

American Equity Investment Life Insurance Company has selected iPipeline’s Content Partner solution to aggregate and distribute annuity product information and up-to-date forms to 1,200 distributors through the iPipeline distributor network.