All articles by Verdict Staff

Delta Lloyd intends to divest Belgian banking activities

Netherlands-based Delta Lloyd Group is intending to divest its Belgium-based banking business to focus on insurance and unlock capital for investment in its strategic activities.

Colonial Life enhances whole life insurance plan

Colonial Life & Accident Insurance Company has enhanced its whole life insurance plan that allows employees to purchase a greater amount of coverage and makes it easier for them to qualify for the coverage.

Protective Insurance completes acquisition of MONY Life

Protective Life Insurance Company has completed the acquisition of MONY Life Insurance Company (MLOA), in a transaction valued at approximately $1.06bn, including statutory capital and surplus of almost $303m.

Taiwan’s China Life invests in SS&C PORTIA

China Life Insurance (Taiwan) has invested and upgraded its operations to the newest version of a middle-to-back office investment operations platform, known as SS&C PORTIA.

LII 288, October 2013

Fairfield County, Waldemar Nelson appoint Prudential to manage retirement plans

Prudential Retirement, a business unit of Prudential Financial, has been appointed by Fairfield County Bank and Waldemar Nelson and Co, to offer full servicing for their retirement plans.

LV= enhances whole of life policy

Liverpool Victoria (LV=) Broker, a part of the LV= group of companies, has enhanced its whole of life policy, LifeTime+.

Sun Life to strengthen Malaysian insurance business

Sun Life Malaysia Assurance has drawn a growth plan to strengthen its business footprint in the local insurance and takaful market in the country.

MetLife partners with BIDV to form life insurance JV in Vietnam

American insurer MetLife, Bank for Investment & Development of Vietnam (BIDV), and Bank for Investment and Development of Vietnam Insurance Corporation (BIC), have signed an agreement to establish a life insurance joint venture (JV) in Vietnam.

Global Atlantic agrees to buy Forethought Financial

Bermuda-based multiline insurance and reinsurance company Global Atlantic Financial Group has entered into a definitive agreement to acquire Houston-based Forethought Financial Group.