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… Read Story
JAB to acquire Prosperity Life Group® and Prosperity Asset ManagementJAB 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… Read Story
American-Amicable Life Insurance Company of Texas is now administering S.USA’s in-force Final Expense and certain other products.The transition of administration for this block is effective as of Monday, November 11, 2024. Policy owners will receive a notice in the mail shortly, providing important new contact information. You will not need to take any action, and recurring billing will continue as previously established. As a result of this transition of administration, please… Read Story
KBRA Affirms Credit Rating for PGH, Assigns Rating to NWL and OzarkWe are pleased to share two recent ratings announcements by KBRA. The Group parent Prosperity Group Holdings, LP (PGH) ‘BBB-‘ issuer credit rating with a stable outlook has been affirmed. For further details including disclosures about KBRA ratings, please see the press release. Following our recent acquisition of National Western Life Insurance Company, KBRA assigned an… Read Story