United States

Life & Health Insurance

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Fidelity Life Assurance Company says HY total revenue was $13.098 mln

5:04am EDT

Sept 22 (Reuters) - Fidelity Life Assurance Company Ltd ::HY TOTAL REVENUE $13.098 MILLION VERSUS 11.124 MILLION LAST YEAR.HY PROFIT BEFORE TAX $2.407 MILLION VERSUS $1.279 MILLION LAST YEAR.

India's SBI Life Insurance Co's IPO to raise up to $1.3 bln fully subscribed

1:42am EDT

Sept 22 (Reuters) - Sbi Life Insurance Company Ltd :India's SBI Life Insurance Co Ltd's initial public offering to raise up to $1.3 billion gets fully subscribed - exchange data.

BRIEF-‍Manulife Asset Management says AUM reached C$480 bln as of June 30

Thursday, 21 Sep 2017 11:46am EDT

Corrects to say AUM reached C$480 bln as of June 30 in headline:Says AUM reached CAD$480 billion as of June 30, 2017, up 10 percent over June 30, 2016​.‍Says institutional assets managed reached CAD$89 (US$69) billion at June 30, 2017, over 15 percent higher than a year ago​.

iA Financial acquires Dealers Assurance Co, Southwest Reinsure​

Thursday, 21 Sep 2017 11:43am EDT

Sept 21 (Reuters) - Industrial Alliance Insurance And Financial Services Inc ::iA financial group expands its car dealer business to the us.Says deal for ‍US$135 million​.Says deal ‍is expected to be modestly accretive to earnings in 2018, to contribute $0.05 per share in 2019​.Says acquisition will be financed from cash on hand, reduce co's solvency ratio by about 8 percentage points.Says ‍signed agreement to buy shares of privately-owned, us-based dealers assurance company,southwest reinsure​.


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