Life & Health Insurance

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Health Insurance Innovations Inc announces acquisition of American Service Insurance Agency, LLC

Friday, 8 Aug 2014 05:00pm EDT

Health Insurance Innovations Inc:Announced the acquisition of the privately-held, Fort-Worth based American Service Insurance Agency, LLC. (ASIA), a distributor of individual insurance programs.Aggregate purchase price is $4.0 million.

Liberty Holdings Ltd updates on acquisition of remaining shares in Liberty Health

Tuesday, 5 Aug 2014 06:30am EDT

Liberty Holdings Ltd:Says company received unconditional approval in terms of Competition Act No 89 of 1998, therefore outstanding condition precedent to transaction has been fulfilled.Transaction is currently being implemented.

Dai-ichi Life Insurance Co Ltd completes acquisition of Sompo Japan DIY Life Insurance Co., Ltd from NKSJ Holdings Inc's subsidiary

Friday, 1 Aug 2014 02:30am EDT

NKSJ Holdings Inc:Dai-ichi Life Insurance Co Ltd completed acquisition of 90 pct stake in Sompo Japan DIY Life Insurance Co., Ltd from Sompo Japan Insurance Inc, which is a subsidiary of NKSJ Holdings Inc on Aug. 1, for 5,400 million yen.Dai-ichi Life Insurance Co Ltd is holding a 100 pct stake in Sompo Japan DIY Life Insurance.

Assicurazioni Generali SpA to reach 100 pct GPH ownership

Monday, 28 Jul 2014 01:47pm EDT

Assicurazioni Generali SpA:Says Generali will reach 100 pct of GPH ownership by Jan. 2015 following the option exercised by PPF for the disposal of its remaining 24 pct share, in line with the agreements signed on Jan. 8, 2013.GPH is the holding company operating in Central-Eastern Europe.The purchase of GPH’s outstanding share will be completed as per the terms previously announced to the market – a consideration of about 1,235 million euros.Generali today holds a 76 pct stake in the company with full management control.

Shin Kong Financial Holding Co Ltd to acquire surface rights

Thursday, 24 Jul 2014 03:54am EDT

Shin Kong Financial Holding Co Ltd:To acquire surface rights of six plots of land in New Taipei City from CPC Corporation, Taiwan, amount T$1,280,900,000.

Binckbank NV sells its interest in Befrank NV to Delta Lloyd NV

Monday, 21 Jul 2014 01:39am EDT

Binckbank NV:Agreed to sell on July 18 its interest in Befrank NV to Delta Lloyd NV.Says for the acquisition of the 50 percent interest in Befrank NV, Delta LLoyd pays 19.5 million euros.

Delta Lloyd NV acquires all the shares of BinckBank NV in Befrank NV

Monday, 21 Jul 2014 01:15am EDT

Delta Lloyd NV:Announces that it has reached an agreement with BinckBank NV on the acquisition of all the shares that BinckBank NV holds in BeFrank NV.Says the price amounts to 19.5 million euros.

Visteon Corp agrees to purchase group annuity contract covering about one-third of U.S. pension liability from Prudential Financial

Wednesday, 16 Jul 2014 08:44am EDT

Visteon Corp:Says that it has entered into an agreement to transfer certain U.S. pension assets to Prudential Insurance company of America, a subsidiary of Prudential Financial Inc, to settle about $350 mln of Visteon's $1.1 billion in outstanding U.S. pension obligations.Visteon Pension Plan will purchase a group annuity contract from Prudential, which will then assume the obligation to make future annuity payments to certain Visteon hourly retirees.Towers Watson acted as the company's consultant for this transaction.Fiduciary Counselors Inc. served as an independent fiduciary in the selection process.

Health Insurance Innovations Inc announces acquisition of HealthPocket Inc

Monday, 14 Jul 2014 04:39pm EDT

Health Insurance Innovations Inc:Announces that it completed the acquisition of privately-held, Silicon Valley based HealthPocket, Inc. for about $32 million in cash and stock.


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