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JAB Insurance Completes Acquisition of Prosperity Life Group

JAB Insurance announced that it has completed its acquisition of Prosperity Life Group from Elliott Investment Management, effective September 5, 2025. With nearly $30 billion in assets and one million policyholders, Prosperity will become a foundational part of the JAB Insurance business. Prosperity serves approximately one million policies through protection and retirement solutions. Prosperity holds…

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Prosperity Life Group® updates signage at their Austin office.

Our Austin, TX office building located along Mopac Expressway got a big update in late January. Prosperity Life Group® has several office locations, but this is the first to feature the Prosperity branding on the exterior facade. The project was completed over several days and memorialized by timelapse and drone photography. Prosperity has worked diligently…

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JAB to acquire Prosperity Life Group® and Prosperity Asset Management

JAB Holding Company, Elliott Investment Management, and Prosperity Life Group have announced that they have entered into an agreement whereby JAB will acquire 100% of Prosperity, which includes its insurance and reinsurance companies and Prosperity Asset Management. The transaction is subject to customary closing conditions, including receipt of insurance regulatory approvals, and is expected to…

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