All articles by Verdict Staff
Verdict Staff
ING disposes of 11.3% stake in Sul América to Swiss Re for EUR185m
ING has disposed of its 11.3% direct stake in Brazilian insurance firm Sul América, to Swiss Re Group, as part of its plans to rationalize its operations.
Genworth launches new index universal life insurance cover
Genworth has launched its second index universal life (UL) insurance offering, Foundation Builder Index UL, which offers a flexible and affordable death benefit protection.
PruLife rolls out new Founders Plus life insurance plan
PruLife has introduced a new indexed life plan, PruLife Founders Plus UL, which provides clients with a permanent death benefit protection.
Pacific Life launches new Tax Deferral Analyzer
Pacific Life has launched a new tool, Tax Deferral Analyzer, to help advisors demonstrate the advantages of deferred annuities.
Tokio Marine Europe presents freight liability insurance offering
Tokio Marine Europe, an international insurance company, has introduced its new Freight Liability insurance product, to meet the demands of companies in the freight and warehousing sectors.
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PFI, BSN JV acquires Uni.Asia Life Assurance
Prudential Financial (PFI) and Bank Simpanan Nasional (BSN), through a new joint venture, have acquired 100% shares of Uni.Asia Life Assurance (UAL) from Uni.Asia Capital.
Tower to retain New Zealand life insurance operations
New Zealand-based insurance firm Tower has decided to retain its domestic life insurance business, after divesting majority of its life insurance operations in 2013.
Global Atlantic acquires Forethought Financial Group
Global Atlantic Financial Group, a multiline insurance and reinsurance firm, has purchased US-based Forethought Financial Group, which provides life insurance and annuity services in the country.
CTBC Life acquires Manulife’s Taiwanese life insurance operations
Indonesia-based CTBC Life Insurance has purchased Taiwanese life insurance operations of Canada-based diversified financial conglomerate Manulife Financial, for an undisclosed sum.
BTN, Asuransi plan life insurance JV in Indonesia
Indonesian mortgage lender Bank Tabungan Negara (BTN), and Asuransi Jiwa Indonesia are planning to set up a joint venture focused on life insurance business in early 2014.