Tag: Insurance Consolidation

Strategic Transfer of Annuities Business Between Standard Insurance and Pacific Guardian Life

Standard Insurance Company transfers annuities business to Pacific Guardian Life, signaling a consolidation trend in the insurance sector by 2027.

Consortium Led by Allianz Completes €3.5B Acquisition of Viridium Group

A consortium including Allianz and BlackRock completes €3.5 billion acquisition of Viridium Group, strengthening presence in the European closed-life insurance market and expanding asset management capabilities.