ING To Merge Chilean Subsidiaries
Holland’s ING announced plans to merge its Chilean subsidiary ING Seguros de Vida with Aetna Chile Seguros de Vida, which it recently acquired as part of its takeover of Aetna’s international business.
The plan needs the approval of Chilean securities and insurance regulators, and will require an increase in ING Seguros’ capital to enable it to absorb Aetna Chile.
Popular Today
- PVC Pipes Swept Away by Helene Still Dominate Cleanup of NC River
- Cyber Rates Are Down, Risks Are Up but Small Businesses Slow to Adopt
- All in the Family: Husband, Wife and Daughter Indicted for Insurance Fraud and Bribery
- KCC Says Isaias Insured Losses to Be $3 Billion; AM Best Calls Storm an Earnings Event