Who bought united services life insurance company?

Who bought united services life insurance company?

(“Kuvare”), a growth-oriented life and annuity business, is pleased to announce the completion of its purchase of United Life Insurance Company (“United Life” or “The Company”). With this latest acquisition, Kuvare’s pro forma consolidated assets are now valued at over $3.7 billion.

Is ReliaStar now VOYA?

ReliaStar Life Insurance is a subsidiary of Voya Financial, one of the leading providers of group retirement, investment, and insurance products. ReliaStar was acquired by Voya in 2000.

Who bought Northwestern National Life Insurance Company?

Northwestern National – ReliaStar In the first year after the initial public offering, common shares appreciated 33%. In May of 2000, ReliaStar was acquired by Dutch financial services giant ING Group for $5.0 billion – $54-per-share.

What is VOYA called now?

On September 1st, 2019 VOYA Insurance and Annuity Company, the Legal Entity purchased by Venerable, legally changed its name to Venerable Insurance and Annuity Company.

What happened to reliastar?

Voya Financial will now adjust their focus on retirement, investment management and employee benefits. In the past, we gave Voya Financial, formerly known as Reliastar or ING, a thumbs up for life insurance.

Is VOYA a good company?

Is Voya Financial a good insurance company? Voya has received high ratings from AM Best and the BBB. It is a financially strong company with years of experience. While the insurance company used to offer individual life insurance policies, today it only offers group life insurance and other employee benefits.

What happened to VOYA?

(NYSE: VOYA), announced today that it has completed the divestiture of substantially all of its individual life insurance and other legacy non-retirement annuities businesses. The closed blocks of business have been acquired by Resolution Life US, a new holding company established by Resolution Life Group.

Does ING own VOYA?

Voya Financial, Inc. Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial.

What did VOYA used to be called?

Voya
Voya began as ING U.S., the United States operating subsidiary of ING Group, which was spun off in 2013 and established independent financial backing through an initial public offering. In April 2014, the company rebranded itself as Voya Financial.

What happened to Voya?

What is the new name for Voya?

Venerable Insurance and Annuity Company
On September 1st, 2019 VOYA Insurance and Annuity Company, the Legal Entity purchased by Venerable, legally changed its name to Venerable Insurance and Annuity Company.

Is VOYA closing?