Corporate Moves
Meiji Yasuda Expands US PRT Business With Banner Life Acquisition
The previous insurance arm of Legal & General Group PLC was purchased by the Japanese insurer for $2.3 billion.
Tag: Meiji Yasuda Life Insurance Company
Corporate Moves
Legal & General to Sell 20% Stake in PRT Business to Meiji Yasuda
In addition to the pension risk transfer stake, the Japanese insurer will acquire all of L&G’s U.S. protection business in a total $2.3 billion deal.