Swiss Life News
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Swiss Re to Sell elipsLife to Swiss Life, Enters Long-Term Reinsurance Partnership
Dec 10 2021 // Swiss Re announced it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife’s in-force and new...
Talanx Sells Remaining Shares in Swiss Life to Strengthen Balance Sheet
Nov 14 2014 // Talanx AG, Germany’s third-biggest insurer, sold its stake in Swiss Life Holding AG to help mitigate the effect of low interest rates and to cover risk. Talanx will book 214 million euros ($267 million) profit from...
Talanx Raises 2013 Profit Forecast After Swiss Life Stake Sale
Aug 14 2013 // Talanx AG, the German insurer that sold stock in an initial public offering last year, raised its profit goal for 2013 after the sale of shares in Swiss Life Holding AG boosted earnings. Talanx is “cautiously...
Swiss Insurers May Be Next in U.S. Crackdown on Tax Evasion
Jul 8 2013 // Swiss insurers are scrambling to defend themselves against possible investigations into billions of dollars of untaxed assets held by their American clients. As Switzerland continues to seek a data-transfer deal with the...
Chicago Fort Dearborn Adds New International Sales Manager
Nov 3 2006 // Chicago-based Fort Dearborn Life Insurance Co., a subsidiary of Health Care Service Corp. (HCSC), a Mutual Legal Reserve Company, recently announced the addition of David J. Bryan to its group operation as manager of...
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