Nassau Financial Group to Acquire Delaware Life Insurance Company of New York

The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York

August 13, 2026

Insurance

The Manhattan Life Insurance Company completed its acquisition of Union Security Life Insurance Company of New York from Assurant, Inc. The transaction closed in March 2026 following regulatory review and ManhatttanLife’s public announcement.

Allianz to Acquire HSBC Life Singapore

July 25, 2026

Financial Services

Allianz Group has agreed to acquire HSBC Life Singapore via its subsidiary Allianz Asia Holding. The deal is paired with a new 15-year exclusive distribution partnership with HSBC Bank Singapore, with total consideration of €2.0 billion.

26North Reinsurance Holding Company Acquires Independent Insurance Group (Independent Life)

June 5, 2026

Insurance

26North Reinsurance Holding Company entered into a definitive agreement to acquire 100% of Independent Insurance Group, the parent of Independent Life Insurance Company, a carrier dedicated to issuing structured settlement annuities for personal injury claimants and their families. The deal is intended to mark 26North Re’s entry into the U.S. insurance market and establish its first onshore platform, with Independent Life continuing to operate under its existing brand.

Dreamscape Industries Acquires LifeSecure Insurance Company

October 3, 2025

Insurance

Dreamscape Industries, a privately held, family-owned investment firm based in New York, has completed its acquisition of LifeSecure Insurance Company, effective October 3, 2025. LifeSecure will retain its New Hudson, Michigan headquarters and continue selling its long-term care and ancillary health insurance products while pursuing growth and expanded product offerings under new leadership.

Federal Life Insurance Company Acquires Texas Service Life Insurance Company

June 4, 2025

Financial Services

Federal Life Insurance Company has acquired Texas Service Life Insurance Company, a Texas-based preneed insurance provider, as part of a push to expand preneed offerings nationally. Federal Life — rated A- by AM Best and backed by Bain Capital — named George Wise president of Texas Service Life and signaled plans for expanded product and distribution efforts serving families and funeral-home partners.

Fortress Investment Group Makes $130M Minority Investment in Nassau Financial Group

September 1, 2023

Financial Services

Fortress Investment Group invested $130 million in Nassau Financial Group, acquiring a minority non-voting common equity stake (approximately 7.7%) as part of a strategic partnership that closed on September 1, 2023. The deal includes a long-term Investment Management Agreement giving Nassau's insurance subsidiaries access to Fortress' credit strategies; Golden Gate Capital remains Nassau's majority shareholder.