Guggenheim Life to reinsure Standard Life policies
Guggenheim Life and Annuity Co. (GLAC) will reinsure policies issued by Standard Life Insurance Co. (SLIC), which has been in rehabilitation since 2008. The Indiana Department of Insurance asked that...
View ArticleEquiTrust Life Insurance being acquired by financial services firm
Guggenheim Partners, a diversified financial services firm, is buying EquiTrust Life Insurance Co. from its parent, FBL Financial Group. EquiTrust Life distributes fixed-rate and indexed annuities and...
View ArticleGuggenheim, Apollo in lead to buy Aviva’s U.S. life and annuity unit
Guggenheim Partners, in conjunction with private-equity firm Apollo Global Management, is said to have the lead in bidding to buy the U.S. life and annuities business of Aviva PLC. Bloomberg reports...
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Guggenheim firm to buy Sun Life’s annuity business for $1.35B
A Delaware holding company owned by Guggenheim Partners has agreed to buy the U.S. annuities business of Sun Life Financial, Canada’s third-largest insurer. Delaware Life Holdings, a company owned by...
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