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Life & Health Insurance

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Standard Life to have 24.1 pct stake in HFDC Life

Monday, 8 Aug 2016 09:11am EDT

Standard Life :Says will have 24.1 percent stake in hfdc life following hdfc life/max group tie-up.

Vienna Insurance Group acquires Axa Company in Romania

Thursday, 4 Aug 2016 02:52am EDT

Vienna Insurance Group Acquires Axa Company In Romania :.

Sun Life Financial to buy FWD Hong Kong's pension business

Wednesday, 3 Aug 2016 06:45am EDT

Sun Life Financial Inc : Sun life financial to acquire pension business of fwd hong kong and enter into 15-year pension distribution agreement . Sun life financial to acquire pension business of fwd hong kong and enter into 15-year pension distribution agreement . Transactions are expected to be completed in stages over course of 2017 and 2018 . Acquisitions will add hk$4.6 billion (c$769 million) in mpf aum, and bring sun life hk's combined aum to hk$34.7 billion (c$5.8 billion). .Financial terms of transactions were not disclosed..

Turners acquires South Auckland industrial property

Tuesday, 2 Aug 2016 11:36pm EDT

Turners Ltd : Turners acquires south Auckland industrial property . Deal for $4.8M . All figures in nz$ .

Delta Lloyd buys portfolio of Dutch residential mortgages

Wednesday, 27 Jul 2016 01:30am EDT

Delta Lloyd NV : Leven purchases portfolio of Dutch residential mortgages from Rabobank .Portfolio consists of individual residential mortgages with a total outstanding amount of EUR 500 million and with an average loan to value of 80%.

Fubon Financial Holding unit to buy real estate at T$4.08 bln

Monday, 18 Jul 2016 06:13am EDT

Fubon Financial Holding <2881.TW>:Says its subsidiary Fubon Life Insurance will buy Taipei-based real estate at T$4.08 billion in total.

Torchmark's subsidiaries sell their drug plan contracts

Friday, 15 Jul 2016 05:37pm EDT

Torchmark Corp : Effective July 1, United American Insurance and First United American Life Insurance sold their medicare part D prescription drug plan contracts .Torchmark Corp says purchase price will be based on the number of enrollees in the plans as of January 1, 2017.

Old Mutual Wealth listing is preferred option-OM CEO

Tuesday, 28 Jun 2016 02:00am EDT

Old Mutual Plc : Ceo hemphill says listing of old mutual wealth, emerging markets units is preferred option in managed break-up plan . Old mutual ceo says has received approaches for businesses from "all manner" of players . Uk will see short-term market fluctuations, is "sure bet" in longer term .In process of "cleaning up" old mutual wealth italy, no comment on sale speculation.

PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Co and Metropolitan Life Insurance Co

Monday, 27 Jun 2016 04:33pm EDT

PPG Industries Inc : PPG to transfer pension administration and obligations to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company . Agreement to transfer pension benefits, annuity administration for $1.6 billion . Transfer in pension liabilities to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company .PPG's pension plans to buy group annuity contracts from Massmutual, Metlife for about 13,400 current U.S. salaried, non-union hourly retirees.

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