All articles by Verdict Staff
Verdict Staff
Falcon Insurance, Bank Muscat to provide life insurance cover
Falcon Insurance Company has entered into an agreement with Bank Muscat to offer life insurance cover for the lender’s customers, who are availing consumer loans.
DirectAsia.com Singapore presents Online Term Life Insurance
DirectAsia.com, an online insurance provider, has presented an innovative online Term Life product to fill the protection gap in Singapore with a low-cost and convenient cover.
SEM to buy 49% stake in Nico’s general insurance business
South Africa-based Sanlam Emerging Markets (SEM) is finalizing the deal with NICO Holdings, to purchased 49% stake in the general insurance operations in Malawi, Tanzania, Uganda and Zambia.
J&K Bank likely to divest minority stake in insurance JV
India-based Jammu & Kashmir Bank is reportedly planning to dispose of its entire or some part of 5% stake in life insurance joint venture (JV) MetLife India.
Future Generali India launches new life insurance plan
Future Generali India Life Insurance Company has launched Future Generali Pearls Guarantee, a non-linked, non-participating life insurance plan with limited premium payment term and guaranteed cash back.
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Chesnara to buy UK life insurance arm from Direct Line Group
Chesnara has entered into an agreement to acquire the entire issued share capital of Direct Line Life Insurance Company from Direct Line Insurance Group for £39.3m.
Citizens agrees to acquire Magnolia Guaranty Life
Security Plan Life Insurance Company, a wholly owned subsidiary of Citizens, has entered into a definitive agreement to acquire Magnolia Guaranty Life Insurance Company of Ridgeland, Mississippi, for $5.23m.
SBI Life launches new insurance plan for investors
SBI Life Insurance has launched SBI Life Smart Power Insurance, a new insurance plan designed to meet the insurance and investment needs of investors.
BEA Life launches new critical illness insurance plan
The Bank of East Asia (BEA) has launched Wellcare Critical Illness Insurance plan by its wholly-owned life insurance arm, BEA Life.
Athene Holding completes acquisition of Aviva USA
Athene Holding has completed the acquisition of Aviva USA along with its subsidiaries, for $1.55bn.