Danica Pension, a part of the Danske Bank Group, has agreed to sell its Swedish pensions business Danske Pension Försikringsaktiebolag (Danica Pension Sweden) to a consortium led by Polaris and Acathia for SEK2.6bn ($286.32m).
12 Dec 2018
05 Dec 2018
Insurance firm ASR Nederland (a.s.r.) has agreed to acquire Loyalis from APG Groep for €450m to strengthen its position in the field of disability insurance.
08 Nov 2018
PT PFI Mega Life Insurance (PFI Mega Life), the joint venture life insurance company of Prudential Financial Inc and CT Corpora, has selected Majesco Policy for Life & Annuities and Group along with a point of sale and activity management solution to be used within the Asia Pacific region.
07 Nov 2018
Materion has signed an agreement to purchase a group annuity contract from Mutual of America Life Insurance Company (Mutual of America) to settle about $111m of its $256m in outstanding US pension obligations.
19 Oct 2018
Hub International Investment Services, a subsidiary of Hub International Limited (Hub), has acquired the retirement plan consulting and financial services business of Felix Jones (Jones Retirement).
09 Oct 2018
Legal & General Assurance Society has completed a £2.4bn buyout of the UK pension plan of telecommunications equipment company Nortel Networks.
05 Oct 2018
Houston-based insurance and employee benefits broker Insgroup has acquired Fred Brown Insurance Brokerage (FBIB) for an undisclosed price to improve its employee benefits offering to large employer groups.
03 Oct 2018
International Paper has said that it will settle about $1.6bn of its pension obligations by purchasing a group annuity contract from Prudential Financial's subsidiary The Prudential Insurance Company of America.
28 Sep 2018
Mutual life insurance, pensions and investments company Royal London has selected GEP's unified procurement software platform for complete source-to-contract solution.
14 Sep 2018
Legal & General Group has secured a £4.4bn buy-in for Airways Pension Scheme (APS), the pension scheme of British Airways, which covers about 22,000 pensioners.