Life Insurance Carriers

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Korea Life gains; buoys hopes for Samsung Life IPO

Reuters US Online Report Business News 2 days ago

SEOUL (Reuters) - Korea Life Insurance Co <088350.KS> shares closed up 8 percent in heavy trading on their debut on Wednesday, signaling keen demand ahead of bigger rival Samsung Life's planned $4 billion IPO in May. Korea Life had priced its $1.6 ...

Summary Box: AIG's $15.5B Alico sale to MetLife

AP News 10 days ago

Summary Box: AIG sells Alico to MetLife for $15.5B in ongoing bid to payback government THE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big ...

AIG sells Alico unit to MetLife for $15.5 billion

AP News 10 days ago

AIG sells Alico to MetLife for $15.5B in ongoing bid to payback government American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset ...

MetLife seals Alico deal after two-year quest

Reuters US Online Report Business News 10 days ago

NEW YORK (Reuters) - MetLife Inc <MET.N> pursued AIG's <AIG.N> foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh. The deal for American Life Insurance ...

US insurer MetLife to buy AIG unit for $15.5 bln

AFP Global Edition 11 days ago

US life insurance giant MetLife said on Monday it will acquire American International Group unit American Life Insurance company (ALICO) in a deal worth 15.5 billion dollars. MetLife said the deal will comprise 6.8 billion dollars in cash plus some 8.7 billion ...

MetLife says to acquire AIG unit

AFP American Edition 11 days ago

US life insurance giant MetLife said on Monday it will acquire American International Group unit American Life Insurance company (ALICO) in a deal worth 15.5 billion dollars. MetLife said the deal will comprise 6.8 billion dollars in cash plus some 8.7 billion ...

Insurer MetLife to buy AIG unit for $15.5 bln

AFP American Edition 11 days ago

US life insurance giant MetLife said on Monday it will acquire American International Group unit American Life Insurance company (ALICO) in a deal worth 15.5 billion dollars. MetLife said the deal will comprise 6.8 billion dollars in cash plus some 8.7 billion ...

AIG set for $15.5 bln deal with MetLife: report

AFP Global Edition 11 days ago

US insurance giants American International Group and MetLife will on Monday announce a $15.5 billion deal for AIG's second-largest foreign life-insurance business, The Wall Street Journal reported. The complex deal would leave US government-controlled AIG owning roughly a fifth of MetLife, the ...

AIG set for big deal with MetLife: report

AFP Global Edition 11 days ago

US insurance giants American International Group and MetLife will announce a 15.5-billion-dollar deal Monday for AIG's second-largest foreign life-insurance business, The Wall Street Journal reported. The complex deal would leave US government-controlled AIG owning roughly a fifth of MetLife, the nation's number ...

AIG to get $231M if sale of Asian unit crumbles

AP News 13 days ago

AIG to receive $231M termination fee if sale of Asian life insurance unit to Prudential fails American International Group Inc. will receive a termination fee of $230.6 million if the sale of its Asian life insurance business to Britain's Prudential PLC falls ...

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