Life & Health Insurance

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Cash Life AG divests subsidiary max.xs AG as part of a management buy-out

Monday, 7 Jul 2014 07:51am EDT

Cash Life AG:Says divests subsidiary max.xs ag as part of a management buy-out * Says sells its 100 pct subsidiary to Frank Alexander de Boer.Says purchase price was not disclosed.

NN Group NV announces settlement of IPO

Monday, 7 Jul 2014 03:51am EDT

NN Group NV:Says the Initial Public Offering of the company has been settled.Says as a result of the settlement, ING Groep NV (ING) has received 2.0 billion euros in gross proceeds from the sale of 77 million existing ordinary shares in NN Groep NV and the exchange into NN Group NV ordinary shares of 450 million euros in mandatorily exchangeable notes.Says that consequently, ING's ownership of NN Groep NV has been reduced to 71.4 per cent.Says that NN Groep NV shares were listed and started trading on Euronext Amsterdam (on an if-and-when-delivered basis) on July 2.Says that the shares are traded unconditionally under the listing name "NN Group" and the symbol "NN".

PT Panin Financial Tbk appoints new president director

Tuesday, 1 Jul 2014 08:00pm EDT

PT Panin Financial Tbk:Appoints Lianna Loren Limanto as President Director, replacing Marwan Noor who will continue serving as a Director, effective June 30.

Cno Financial Group closes sale of Conseco Life Insurance Company

Tuesday, 1 Jul 2014 04:05pm EDT

Cno Financial Group Inc:Completes sale of Conseco Life Insurance Company (CLIC) to Wilton Reassurance Company.

Old Mutual plc announces acquisition of Intrinsic complete

Tuesday, 1 Jul 2014 05:25am EDT

Old Mutual plc:Acquisition of Intrinsic Financial Services, one of networks of financial advisers in UK, is complete.Acquisition was announced on Feb. 28, 2014 and is part of Old Mutual Wealth's strategy of building an integrated customer proposition comprising financial advice, asset management and tax efficient products.

Hansard Global Plc announces management changes

Tuesday, 1 Jul 2014 04:32am EDT

Hansard Global Plc:Says Leonard S Polonsky is appointed President but ceases to be the Chairman of the Board.Says Philip Gregory takes on the role of Chairman.

TrustCo Group Holdings Ltd announces final dividend

Monday, 30 Jun 2014 01:00am EDT

TrustCo Group Holdings Ltd:Board has passed a resolution on June 26 to pay a final dividend of 2.75 cents per share for the financial year ended March 31, 2014.Payment date Aug. 22.Record date Aug. 01.


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