Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Life Insurance

Reinsurer Holders OK Deal

Your article was successfully shared with the contacts you provided.

The shareholders of Annuity and Life Re (Holdings) Ltd. have given the company permission to execute an amalgamation agreement.

Annuity and Life Re, Hamilton, Bermuda, announced the agreement, with Pope Ltd., earlier this year. Pope Ltd. is owned by Pope Investments II LL.C., an affiliate of Pope Asset Management L.L.C., Memphis, Tenn.

About 77% of Annuity and Life Re shareholders voted on the deal, and 99% approved of the amalgamation, Annuity and Life Re says.

The price that shareholders will be getting for their shares was not immediately available.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.