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 :.
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 Ltd : Turners acquires south Auckland industrial property . Deal for $4.8M . All figures in nz$ .
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 <2881.TW>:Says its subsidiary Fubon Life Insurance will buy Taipei-based real estate at T$4.08 billion in total.
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 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 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.