Merger between Prosperity Life Group and National Western Life Group

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fusionProsperity Life Group and National Western Life Group, two American life insurers, signed a definitive merger agreement on 9 October 2023 by which S.USA Life Insurance Company, a subsidiary of Prosperity, acquires National Western for 1.9 billion USD.

The transaction, which is pending the regulatory authorities' approval, would close in the first half of 2024.

Read also | Arthur J. Gallagher acquires Altman Insurance Services

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Fri, 13/10/2023 - 09:54
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