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Life & Health Insurance

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Capita's Life, Pensions Business Administration To be Transferred From Capita

4:00am EST

Jan 16 (Reuters) - Capita Plc ::‍ANNOUNCED THAT ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS WILL BE TRANSFERRING FROM CAPITA TO A NEW SUPPLIER ON 31ST JULY 2018​.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.LIFE AND PENSIONS OPERATIONS ARE EXPECTED TO CONTRIBUTE REVENUE OF AROUND £80M TO CAPITA IN FULL YEAR TO DECEMBER 2017..

Capita Says Prudential's Life, Pensions Business Administration To be Transferred From Capita

4:00am EST

Jan 16 (Reuters) - Capita Plc ::PRUDENTIAL SAID ADMINISTRATION OF ITS LIFE AND PENSIONS BUSINESS TO BE TRANSFERRED FROM CAPITA TO NEW SUPPLIER ON JULY 31.PRUDENTIAL'S LIFE AND PENSIONS OPERATIONS EXPECTED TO CONTRIBUTE REVENUE OF ABOUT 80 MILLION STG TO CAPITA IN FY 2017.‍CAPITA WILL CONTINUE TO ADMINISTER PRUDENTIAL'S INTERNATIONAL OPERATIONS​.

Fubon Financial Holding unit signs contract with overseas financial services company

Wednesday, 13 Dec 2017 09:07pm EST

Dec 14(Reuters) - Fubon Financial Holding Co Ltd <2881.TW> ::Says its unit Fubon Life signs contract with overseas financial services company.

Wolters Kluwer says ‍Aegon chooses co's OneSumX for Operational Risk for its operational risk mgmt​

Monday, 13 Nov 2017 04:30am EST

Nov 13 (Reuters) - WOLTERS KLUWER NV ::‍AEGON CHOOSES WOLTERS KLUWER'S ONESUMX FOR OPERATIONAL RISK FOR ITS OPERATIONAL RISK MANAGEMENT​.

China Life Insurance says Co enters framework agreement with CLWM

Thursday, 26 Oct 2017 05:21am EDT

Oct 26 (Reuters) - China Life Insurance Co Ltd <601628.SS>::Enters framework agreement with CLWM; co to conduct certain transactions with CLWM, including asset management services.

Farglory Life Insurance receives administrative order

Monday, 11 Sep 2017 02:48am EDT

Sept 11 (Reuters) - Farglory Life Insurance Co Ltd <5859.TWO> ::* Says it received administrative order from Environmental Protection Department New Taipei City Government, for violation of related regulation.* Says it was fined and required to pay penalty of T$300,000.

NIB Holdings says NZ unit enters into distribution partnership with Automobile Association

Sunday, 2 Oct 2016 05:24pm EDT

NIB Holdings Ltd : Entered into a health insurance whitelabelling distribution partnership with New Zealand Automobile Association .NIB New Zealand announces new distribution partnership.

CNO financial says termination of long-term care reinsurance agreements with Beechwood RE

Thursday, 29 Sep 2016 04:38pm EDT

CNO Financial Group Inc : CNO Financial Group announces termination of long-term care reinsurance agreements with Beechwood RE and recapture of assets, liabilities and policyholder administration . CNO Financial says BCLIC and WNIC gave written notice to bre that they are terminating their reinsurance agreements with BRE, effective immediately . BCLIC and WNIC have also commenced litigation against current and former individual principals of BRE . CNO Financial Group Inc says CNO has suspended its share repurchase program for remainder of 2016 . Preliminary information indicates CNO would record after-tax charge of about $55 million, calculated on a pro forma basis . As a result of recapture and other things , CNO will contribute approximately $200 million to its insurance subsidiaries . Terminating reinsurance agreements with Beechwood RE (BRE) and recapturing approximately $550 million of closed block long-term care liabilities . BCLIC and WNIC recently expanded scope of audit to include additional level 3 investments with a reported amount of approximately $90 million . CNO cos are resuming responsibility for aspects of policyholder administration; expect no impact to policyholders due to actions.

Storebrand ASA in banking deal with labour union

Monday, 22 Feb 2016 02:15am EST

Storebrand ASA:Says labour union Unio and Storebrand sign banking agreement.Says offers members of Unio's affiliates home loans in Storebrand.Says the agreement will include 11 of Unio's 12 national affiliates with a potential to reach of 230,000 members.The agreement comes into force on March 1.

Axa partners with Jumia to provide insurance in Africa

Monday, 8 Feb 2016 02:25am EST

Axa SA:Axa will become the exclusive provider of insurance products and services through Jumia and other Africa Internet Group online and mobile platforms in Africa.

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