All articles by Verdict Staff
Verdict Staff
FBN Life acquires stake in Oasis Insurance
FBN Holdings subsidiary, FBN Life Assurance, has acquired a stake in Oasis Insurance, a general insurance company in Nigeria.
Dai-ichi Life Insurance to acquire remaining stake in Dai-ichi Frontier
The Dai-ichi Life Insurance Company has entered into an agreement to acquire Sompo Japan Insurances 10% interest in The Dai-ichi Frontier Life Insurance Co, for JPY18.5bn ($181.7m).
Manulife full year 2013 net income up by 73% to C$3.1bn
Manulife Financial has reported a net income of C$3.1bn for the full year of 2013, an increase of 73%, compared to C$1.8bn during the corresponding period last fiscal.
Southern Farm Bureau Life Insurance selects C Spire for data center services
Southern Farm Bureau Life Insurance Company has entered into an agreement with C Spire for data center services to support its business continuity program.
Sun Life Financial reports $550m profit in Q4 2013
Sun Life Financial has reported a net income of C$550m ($500m) in the fourth quarter of fiscal 2013, compared to net income of C$395m ($359m) in the corresponding quarter a year ago.
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MetLife Q4 2013 net income rose to $877m
MetLife has posted a net income of $877m, or $0.77 per share, for the fourth quarter of 2014, compared to $96m, or $0.09 per share, during the corresponding period last fiscal.
Sapiens to provide policy administration system to preneed life insurer in North America
Sapiens International has been selected by a preneed life insurance company to provide Sapiens ALIS Policy Administration System.
Clements to offer guaranteed-issue term life insurance to ACS members
Clements Worldwide has partnered with the American Chemical Society (ACS) to provide the latters members with guaranteed-issue term life insurance.
Prudential Annuities introduces new version of Highest Daily living benefits
Prudential Annuities has rolled out the latest version of its Highest Daily variable annuity optional living benefits.
Life insurer TAL taps Bravuras Sonata software
Life insurance company TAL has selected Bravura Solutions Sonata software solution to administer the insurers superannuation, pensions and investment business.