All articles by Verdict Staff

Verdict Staff

Protective Life receives approval to buy Mony Life Insurance

Protective Life Insurance Company has received regulatory approvals to buy Mony Life Insurance Company (MONY) from parent AXA SA for $1.06bn.

SBLI launches new whole life products and riders

SBLI of Massachusetts has launched six new whole life products and eight new riders to meet diverse insurance needs as well as dividend integrity.

MetLife launches new enhanced product on whole life policies

MetLife, US-based insurer, has launched Enhanced Care Benefit rider on its entire whole life portfolio.

Acorn signs insurance business cooperation agreement with Taiping Life

Shanghai Acorn Network Technology Development, an affiliate of Acorn International, has entered into an insurance business cooperation agreement with Taiping Life Insurance Co., a subsidiary of China Taiping Insurance Group Company.

Sun Life Financial launches voluntary accident insurance plans

The Employee Benefits Group of the US business group of Sun Life Financial has released two group voluntary accident insurance plans.

Clal Insurance deploys Sapiens Life & Pensions software

Israel-based financial services group Clal Insurance has selected Sapiens Life & Pensions software to manage its entire pensions portfolio.

Prudential Financial invests $10m in LeapFrog

Prudential, through its Social Investments Program, has invested $10m for LeapFrog Investments to help fund companies that provide insurance, savings, pensions, investment products and other financial services to growing insurance consumers in Africa, South Asia and Southeast Asia.

Tata AIA introduces range of new life insurance applications for mobiles

Tata AIA Life Insurance Company (Tata AIA Life), a Mumbai-based joint venture between Tata Sons and AIA Group, has introduced a range of life insurance applications for users of mobile devices.

Sanlam net operating profit rises in H1 2013

Sanlam Group, a South Africa-based financial services and life insurance company, has reported 23% rise in net operating profit per share during the first six months ended 30 June 2013, compared to net operating profit value during the same period in 2012.

IRDA allows CSC to sell insurance products

The Insurance Regulatory and Development Authority (IRDA) has allowed CSC e-Governance Services India to sell insurance products.