The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday approved Chittagong Stock Exchange (CSE)'s proposal to make ABG Ltd its strategic partner, after nine years of demutualization.

Moody’s and S&P rate Dai-ichi Life Insurance A1 and A+, respectively, in line with their ratings of the Japanese sovereign. Specialist insurance credit-rater AM Best has assigned the company a ...

Definity Financial Corp opened on the Toronto Stock Exchange with the largest IPO of 2021, raising $1.4 billion on Nov. 23. Definity, the new parent company of Economical Insurance, was born through ...

The Nigerian Stock Exchange recently concluded its demutualization process, creating a new holding company and moving toward its vision of becoming Africa’s leading capital market infrastructure ...

The Nigerian Stock Exchange (NSE) has received final approvals of its demutualization plan from the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) respectively. With ...

Asue Ighodalo has resigned from his position as chairman of Nigerian Breweries board of directors, days after joining the Edo State governorship race.Uaboi ...

FCA endorses move to T+2 for funds that currently settle at T+3 or T+4 ...

Investopedia / Jiaqi Zhou Demutualization is a process by which a private, member-owned company, such as a co-op, or a mutual life insurance company, legally changes its structure, in order to ...

WATERLOO, ON, Jan. 31, 2019 /CNW/ - Economical Insurance has called the second special meeting on its demutualization. This follows authorization from the Office of the Superintendent of Financial ...

WATERLOO, ON, June 26, 2018 /CNW/ - Economical Insurance today announced that the company's demutualization conversion plan, a detailed document that outlines how Economical intends to convert ...

"The level of complexity in the demutualization process is equaled only by its importance. Policyholder committees reviewed significant volumes of information and considered unique issues during ...