Unum acquires Polish insurer Pramerica Życie

  Pramerica Życie will remain a standalone business reporting to Peter O'Donnell, UK president and CEO at Unum. He said: "Pramerica Życie is a group and individual risk protection provider with a strong distribution model and a solid reputation as a trustworthy provider of high-quality products and professional financial advice." Terms of the sale were not disclosed, with the transaction expected to close by the end of the year, subject to regulatory approvals. Unum said the deal "will not alter Unum's earnings or capital management outlook for 2018, nor does it change Unum's ov...