Are you sure Of the financial health of your life insurer?

Are you sure Of the financial health of your life insurer?

Will the life insurer to whom you entrust your savings be able to return it to you, capital and interest, when you need it in 6 months, 10 years or 20 years? It’s better to ask the question now before it’s too late to react.

The accounts of insurers are officially controlled

Life insurance has risen to the top rankings of favorite US investments, which accumulate savings for their old age, without questioning the ability of their insurer to meet its long-term commitments. However, the sharp decline in the stock markets melts the wealth accumulated by […] Read more

Japanese Dai-Ichi Life Buys Protective Life From USA

Japanese Dai-Ichi Life Buys Protective Life From USA

Japan’s Dai-ichi Life Life Insurance Group announced a few weeks ago that its US counterpart, Protective Life, will be acquired for $ 5.7 billion, one of the largest deals ever made. abroad by a Japanese company in this sector.

Dai-ichi Life proposes to pay each Protective share $ 70, or 34% more than its closing value on Friday in New York. He added in a statement that the board of directors of Protective Life, a company headquartered in Birmingham, Alta., “Approved the acquisition unanimously”.

 

Subject to the approval of Protective Life shareholders and the regulatory authorities of both countries, the transaction could […] Read more