Tagged in Fidelity & Guaranty Life

FGL & Anbang; simply wasn’t in the stars

“We have determined that it is no longer in the best interests of FGL’s shareholders to continue to pursue the transaction with Anbang” – Fidelity & Guaranty Life president and…

Fidelity & Guaranty Life & Anbang: still complicated

Fidelity & Guaranty Life has extended the deadline for its $1.6 billion sale to China’s Anbang Insurance Group, and has negotiated the right to accept other offers. The delay gives Anbang…

A regulatory hiccup in the ‘Anbang – FGL’ acquisition

Recall: late last year China’s Anbang Insurance announced its plans to acquire Fidelity & Guaranty Life for ~$1.57 billion. Same Anbang that purchased the New York Waldorf Astoria hotel for $1.95 billion. Now…

Better together

Fidelity & Guaranty Life, aka FGL because life is short, has officially crossed the $1 billion mark in fixed annuity e-app sales, which it attributes to a very successful partnership with…

Anbang to acquire Fidelity & Guaranty Life

China’s Anbang Insurance Group will acquire Fidelity & Guaranty Life for ~$1.57 billion. Same Anbang that purchased the New York Waldorf Astoria hotel for $1.95 billion back in February.