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In 1986, Life of Virginia was acquired by Combined Insurance for $557 million. [5] It became Aon in 1987. [5] In 1996, Life of Virginia was acquired by GE Capital. [5] [6] The company was incorporated as Genworth Financial, Inc. on October 23, 2003. [4] In May 2004, it became a public company via an initial public offering. [7] [8] [9] [10]
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
Aetna and Swiss Life Ink Deal to Expand Global Employee Benefits with Health Care Offerings -- Aetna to provide health coverage and other insurance solutions for Swiss Life's customers in the U.S ...
In 2009, Aflac acquired Continental American Insurance Company for $100 million, [5] enabling them to sell supplemental insurance on both the individual and group platforms. [6] As of June 30, 2012 [update] , it was represented by approximately 19,300 sales agencies in Japan and 76,900 licensed sales associates in the U.S. [ 7 ]
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