An international insurer is streamlining its U.S. operations.
Old Mutual Financial Network, Baltimore, a U.S. arm of Old Mutual P.L.C., London, says it will merge its Americom Life and Annuity Insurance Company subsidiary into OM Financial Life Insurance Company, its main operating company, Oct. 1.
OM Financial Life Insurance Company will be the surviving company following the merger, Old Mutual Financial says.