Friday, 31 July 2015
Last updated 15 hours ago
Aug 22 2012 | 9:04am ET
Philadelphia Financial, a high-net-worth private placement insurance provider, has gone international, establishing two Bermuda-domiciled life insurance subsidiaries.
The launch of the Philadelphia Financial Life Assurance Company (Bermuda) and Philadelphia Financial Life International supports the company’s strategy of growth through acquisition and of building both U.S. and international distribution.
“Our expansion into international markets is a response to both opportunity and demand, complementing Philadelphia Financial’s market-leading U.S.-based PPLI franchise with a Bermuda-domiciled solution to serve the global high-net-worth market,” said John K. Hillman, CEO of Philadelphia Financial, in a statement.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…