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In September 2015, RSA divested all its Latin American insurance operations to the Colombian insurance company Grupo Sura for £403 million. [8] In November 2020, the company received a £7.2 billion offer from Danish insurer Tryg and Canada's Intact Financial Corporation. This deal was considered one of the biggest takeover bids in Europe in ...
With approximately $3.7 trillion of life reinsurance in force and assets of $97.6 billion as of December 31, 2023, [3] RGA has grown to become the only international company to focus primarily on life and health-related reinsurance. [4] [5]
In 1879, California adopted its state constitution which among many other programs created the State Board of Equalization and the State Controller, which administered all tax programs. [ 1 ] In 1929, the state legislature created the office of the Franchise Tax Commissioner to administer California's Bank and Corporation Franchise Tax Act.
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In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
Fewer fans appeared to attend the postponed Sugar Bowl between Notre Dame and Georgia on Thursday in light of the terror attack in New Orleans.
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Internal Revenue Code (I.R.C.) Section 831(b) is a U.S. tax law that provides specific tax benefits to certain small insurance companies, [1] often referred to as "micro-captives". [2] Established to encourage the formation of small insurance companies, it offers an alternative risk-management solution that can supplement or even replace ...