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1992 – merged with United Mutual Life Insurance Company, the only African-American life insurer in New York, in 1992. [28] 1992 – [29] acquired Executive Life's single premium deferred annuity business, which was worth approximately $1.2 billion. MetLife also acquired the firm's life insurance business, valued at about $260 million. [30]
Policies are offered in every state and the District of Columbia; in New York, products are offered through a wholly owned subsidiary, Fidelity & Guaranty Life Insurance Company of New York. The company focuses on the sale of individual life insurance products and annuities, which include deferred annuities (fixed indexed and fixed rate ...
Brighthouse Financial, Inc. is one of the largest providers of annuities and life insurance in the United States, with $219 billion in total assets and approximately 2.6 million insurance policies and annuity contracts in-force (as of March 31, 2018). [2]
AIG sold its Taiwanese life insurance company Nan Shan Life to a consortium of buyers for $2.16 billion in January 2011. [80] Due to the Q3 2011 net loss widening, on November 3, 2011, AIG shares plunged 49 percent year to date. The insurer's board approved a share buyback of as much as $1 billion. [81]
Its underwriting insurers include The Paul Revere Life Insurance Company and Provident Life and Accident Insurance Company. [ 4 ] Unum is the top disability insurer in both the United States and United Kingdom [ 5 ] and also offers other insurance products including accident , critical illness and life insurance .
The Colonial Penn Life Insurance Company (often known as simply Colonial Penn) is an American life insurance company based in Philadelphia, Pennsylvania, founded by philanthropist and AARP co-founder Leonard Davis, owned by CNO Financial Group.
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