|
|
News Breaks | | | | December 17, 2012 | | 16:31 EDT |  | HRG | HGI receives approval for reinsurance treaty between Fidelity and Guaranty Life
Harbinger Group announced that its wholly-owned subsidiary, Fidelity & Guaranty Life Insurance Company, has received approval from the Maryland Insurance Administration to enter into a reinsurance treaty with Front Street Re, also a wholly-owned subsidiary of HGI. Under the terms of the reinsurance treaty, Fidelity & Guaranty Life will cede approximately 10%, or approximately $1.5B of liabilities, of its annuity business to Front Street Re. Fidelity & Guaranty Life and Front Street Re expect to enter into this transaction prior to the end of 2012. | |
|
News For HRG From The Last 14 Days Check below for free stories on HRG the last two weeks. |
|
|
| There are no results for HRG |
|
|
|
|
|
|
