Saturday, September 3, 2011

Pacific Life Finalizes Purchase of Manulife's Life Retrocession ...

NEWPORT BEACH, Calif.?(BUSINESS WIRE)?
Pacific Life Insurance Company announced currently that it has finished the
squeeze of Manulife Financial Corporation?s life retrocession business.
The transaction, announced on Jul 18, 2011, creates Pacific Life the
heading particular life retrocessionaire in North America. Virtually all
of Manulife?s life retrocession employees have assimilated a Pacific Life
family and will be formed in Boston and Toronto.

?Backed by a financial strength of Pacific Life, we demeanour brazen to
providing a life retrocession clients with a high-quality service
and customized solutions their business requires,? pronounced David Howell,
comparison clamp president, Pacific LifeCorp.

About Pacific Life

Offering word given 1868, Pacific Life provides a far-reaching operation of
life word products, annuities, and mutual funds, and offers a
accumulation of investment products and services to individuals, businesses,
and grant plans. Pacific Life depends some-more than half of a 100 largest
U.S. companies as a clients. For additional association information,
including stream financial strength ratings, revisit Pacific Life online
during www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its
affiliates, including Pacific Life Annuity Company.?Client count as of
May 2011 is gathered by Pacific Life regulating a 2011 FORTUNE 500? list.

Manulife Financial Corporation and Pacific Life Insurance

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Source: http://lifeinsurancehealth.net/pacific-life-finalizes-purchase-of-manulife%E2%80%99s-life-retrocession-business/

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