Who bought Mutual Benefit Life insurance Company?
Who bought Mutual Benefit Life insurance Company?
SunAmerica, Inc The plan, implemented on April 29, 1994, provided for the transfer of most of Mutual Benefit’s assets and insurance liabilities to Mutual Benefit Life Assurance Corporation (MBLLAC). In 1999, MBLLAC’s individual life insurance and individual and group annuity businesses were sold to affiliates of SunAmerica, Inc.