All articles by Verdict Staff
Verdict Staff
ING sells insurance units in Hong Kong, Macau, Thailand
Dutch financial conglomerate ING Groep N.V. has completed the sale of its life insurance units in Hong Kong, Macau and Thailand to Pacific Century Group (PCG).
Swiss Life posts 26% increase in profit from operations to CHF 993 million with net profit after one-off effects of CHF 93 million
Swiss Life increased its profit from operations adjusted for one-off effects from CHF 788 million to CHF 993 million in 2012 (+26%) thanks to further operational improvements and an excellent investment result.
Aviva to sell Russian life and pensions operations for EUR35m
Aviva plc, a UK-based life insurer, has said that it will sell Aviva Russia to Blagosostoyanie, a non-state pension fund in Russia, for a consideration of EUR35m ($46.02m).
Sagicor Life Insurance names president, COO
Sagicor Life Insurance Company (Sagicor USA) has named Bart Catmull as its president and COO, effective 1 April 2013.
Pacific Life Insurance launches new solution for de-risking pension plans
US-based Pacific Life Insurance Company has expanded its portfolio of pension risk-transfer products by launching new product called, Pacific Secured Buy-In.
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PALIG appoints two new board members
Pan-American Life Insurance Group (PALIG) has appointed Jerry Carlisle and Wendell Mottley to the company’s board of directors.
Minnesota Life launches mobile-optimized self service site
US-based Minnesota Life Insurance Company has partnered with Usablenet, a mobile and multichannel platform company, to provide mobile access to LifeBenefits.com where group life insurance enrollees can view their accounts.
AXA Wealth full year 2012 results
Platform assets increase 51% – Architas assets up 20% – AUM grow from £18.9bn to £21.6bn in the last 12 months AXA Wealth announces its full year 2012 financial results, with significant growth on its Elevate platform where assets are up 51% from £3.5bn to £5.3bn.
AXA UK & Ireland delivers strong growth and improved profitability
AXA UK & Ireland delivers strong growth and improved profitability
AIG launches trade credit insurance in UAE
American International Group, Inc.(AIG) has launched its Trade Credit product in the UAE, for companies of various sizes.