All articles by Verdict Staff

Verdict Staff

TAL buys online life insurance comparator Lifebroker

TAL, an Australian life insurance provider, has completed the acquisition of remaining 90% stake in Lifebroker, an online life insurance comparator, for an undisclosed amount.

Sallie Mae unveils new Upromise Life Insurance Plan in US

Sallie Mae, a US-based financial services provider, has unveiled a new Upromise Life Insurance Plan underwritten by Minnesota Life Insurance.

ING plans to sell 11.5% stake in US subsidiary

ING, a Dutch multinational banking and financial services provider, plans to sell 11.5% stake in its US subsidiary, reducing its share to approximately 60%.

TAL Dai-ichi Life Australia to buy NFS Group

TAL Dai-ichi Life Australia, a subsidiary of Dai-ichi Life Insurance Company, has agreed to buy 100% stake of National Financial Solutions (NFS) Group, for an undisclosed sum.

Pinnacle Life launches new ‘add on’ to life insurance policies

New Zealand based life insurer Pinnacle Life has launched a new ‘add on’ feature to its life insurance policies, which allows policy holders to increase their accidental death coverage by 50% with a 20% increase in their current premiums.

MetLife to establish representative office in Myanmar

MetLife has received the regulatory approval from Myanmar’s Directorate of Investment and Company Administration to establish a representative office in the country.

HDFC implements Seclore’s FileSecure IRM technology

HDFC Life has implemented Seclore’s flagship Information Rights Management (IRM) technology, Seclore FileSecure, to prevent unauthorized use of customer data.

Swiss Re to sell US life insurance operations

Swiss Re is planning to divest life insurance operations Aurora National Life Assurance Co, as it seeks to withdraw from the US life and health insurance market.

Birla Sun Life Insurance unveils new participating traditional plan

India-based private insurer Birla Sun Life Insurance (BSLI) has unveiled a new participating traditional plan, designed to offer guaranteed additions for the first five years of the policy term.

Allianz Life launches new indexed annuity with built-in income rider

Allianz Life Insurance Co., of North America plans to roll out a new indexed annuity to offer customers protection, while enabling them to maintain accumulation potential, death benefits for beneficiaries and choices for guaranteed lifetime income withdrawals.