Life & Health Insurance

CNP Assurances signs long-term strategic partnership with Banco Santander

CNP Assurances SA:Enters into long-term strategic partnership in insurance in Europe with Banco Santander.Acquires 51 pct of Banco Santander consumer finance’s life and non-life insurance subsidiaries finalized.Says has signed long-term exclusive distribution agreement with Banco Santander.Says...

11:36am EST

Mercuries Life Insurance updates details for 2014 first series non-due date accumulated subordinated corporate bonds

Mercuries Life Insurance Co Ltd:To issue 2014 first series non-due date accumulated subordinated corporate bonds on Dec. 29, worth T$5 bln.Coupon rate of 3.9 pct for first ten years and 4.9 pct after that.

4:04am EST

Delta Lloyd NV to sell belgian banking unit for 219 million euros

Delta Lloyd NV:Announces selling Delta Lloyd Bank Belgium to Anbang Insurance Group.Says sale for consideration of 219 million euro.Transaction will have estimated positive effect of around 10 percentage points on IGD group solvency.Impact on IFRS capital will be -4.5 pct (shareholders' funds at FY...

Tuesday, 16 Dec 2014 01:33am EST

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