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The company's primary subsidiary, Protective Life Insurance Company, was established in 1907 and now markets its products and services in all 50 states. As of December 31, 2023, the corporation has more than 3,800 employees, annual revenues of $6.6 billion and assets of $118.4 billion.
Protective to Acquire MONY and Reinsure Certain Policies of MLOA for $1.06 Billion BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (NYS: PL) ("Protective") today announced that its ...
Protective Completes Acquisition of MONY and Reinsurance of Certain Policies of MLOA BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (NYS: PL) ("Protective") today announced that ...
The Mutual Life Insurance Company of New York (also known as Mutual of New York or MONY) was the oldest continuous writer of insurance policies in the United States. Incorporated in 1842, it was headquartered at 1740 Broadway , before becoming a wholly owned subsidiary of AXA Financial, Inc. in 2004.
A.M. Best Comments on Protective Life Corporation's Planned Acquisition of MONY Life Insurance Company OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has commented that the ratings of Protective ...
The American arm of Axa is Axa Financial, Inc., which is known mainly through its subsidiaries such as Axa Advisors, Axa Network, MONY (formerly Mutual of New York), US Financial Life, and AllianceBernstein. [49] The Equitable was acquired in 1991; the Mutual Life Insurance Company of New York (MONY) was acquired in 2004. [50] [51]
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Additionally, Mony's president and CEO, Samuel J. Foti (who joined the company in 1988 from the Metropolitan Life Insurance Company), [2] may get as much as $16.4 million; the chief investment officer, Kenneth M. Levine (who joined MONY in 1972), [2] as much as $12.7 million; and the chief financial officer, Richard Daddario, as much as $9.13 ...