image-cmn-bg-banner

April 17, 2013

Willkie client Protective Life Corporation agrees to acquire MONY and reinsure certain business of MLOA from affiliates of AXA S.A.

On April 10, Willkie client Protective Life Corporation announced that its principal subsidiary, Protective Life Insurance Company, has signed an agreement with certain subsidiaries of AXA S.A. to acquire MONY Life Insurance Company in a stock acquisition and certain business of MONY Life Insurance Company of America through reinsurance for approximately $1.06 billion in cash.