All articles by Verdict Staff
Verdict Staff
EquiTrust Life Insurance to open new offices in Illinois
EquiTrust Life Insurance Company is planning to open new offices in Illinois, a move which is expected to create hundreds of jobs over the coming years.
Desjardins to takeover State Farm Canadian operations
Canadian financial group Desjardins has signed a deal to purchase State Farm Canadas businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits operations.
Birla Sun Life re-launches five life insurance plans
Birla Sun Life Insurance (BLSI), a joint venture between the Aditya Birla Group and Sun Life Financial, has re-launched five life insurance plans designed in conformity with the new product guidelines.
MetLife signs 10-year distribution agreement with Citigroup
US-based life insurer MetLife has signed a 10-year distribution agreement with Citigroup to offer credit insurance products to the latter’s clients in 15 markets through 2025.
HDFC Life rolls out new regular income insurance policy
HDFC Life has added a new Regular Income Plan under its savings category, HDFC Life Super Income Plan, which allows clients to choose from six plan options with different term combinations.
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ACE to buy majority stake in Siam Commercial Samaggi Insurance for $185m
ACE Group, a global multiline property and casualty insurer, has signed a deal to purchase a 60.9% stake in Thai general insurance company Siam Commercial Samaggi Insurance, in a transaction valued at nearly $185m, from Siam Commercial Bank.
Fosun wins bid to purchase Caixa Seguros in Portugal
Fosun International in China has won the bid to acquire insurance group Caixa Seguros from Portugal government, in a 1bn transaction.
Canara HSBC Oriental Bank of Commerce Life Insurance rolls out new money back plan
Canara HSBC Oriental Bank of Commerce Life Insurance has launched its Smart Stage Money Back Plan which offers regular guaranteed money back to the clients.
Pruco Life Insurance unveils new permanent life insurance offering
Pruco Life Insurance Company, a subsidiary of Prudential Financial, has rolled out its new universal life insurance product, designed to cater death benefit protection with tax-advantaged growth potential.
New York Life appoints new vice chairman
New York Life has appointed John Kim as a vice chairman to manage the companys technology function, along with his current responsibilities.