MONY


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AcronymDefinition
MONYMutual of New York (Insurance - Syracuse, NY)
References in periodicals archive ?
The consideration includes a purchase price of USD686m and the ceding commission for the reinsurance of the MONY Life Insurance Company of America (MLOA) business amounting to USD370m.
The transaction will not include MONYa[euro](tm)s subsidiaries MLOA, US Financial Life Insurance Company MONY International Holdings LLC and MONY Financial Services Inc.
Christopher Condron, Axa Financial's president and chief executive officer, said MONY would boost Axa's retail insurance and annuity distribution reach by almost 25%, or 1,300 additional agents, providing "significant additional outlets" for Axa's products and "a significant new presence" in a number of high-growth geographic markets where Axa is "currently underrepresented.
In addition to offering traditional life insurance financing, MONY is now originating commercial real estate loans for securitization purposes.
And MONY, AIG, Phoenix Home Life, and other insurers are recruiting more women in the wake of studies that show women want to buy from people they can relate to - preferably female agents.
In total, Trimble spent two weeks cleaning up her desk before leaving MONY with a severance package equaling several months salary.
For more information about MONY Design, please visit the website: http://www.
The transaction will not include MONY's subsidiaries MLOA, US Financial Life Insurance Company MONY International Holdings LLC and MONY Financial Services Inc.
Country: USASector: InsuranceTarget: MONY Life Insurance Company Buyer: Protective Life Insurance Company, Protective Life Corp Vendor: AXA SA Deal size in USD: 1.
As of late May, MONY had about 50 wholesalers occupying about 40,000 square feet in downtown Hartford.
The recent completion of both the General Cinema theater and the Sears Hardware Store, coupled with the up-coming completion of the new Shop Rite Supermarket, will provide the new owner with a tremendous opportunity to build on the successful redevelopment that MONY Life Insurance Company began approximately 18 months ago," said Ashmun.
The ICR and senior secured notes rating of "aaa" have been withdrawn for MONY Holdings, LLC.