Voya to exit individual life insurance business
November 1, 2018 by Greg Iacurci
By the end of the year, Voya Financial Inc. will no longer sell individual life insurance in order to focus on higher-growth business lines.
Voya, which was spun off from Dutch parent ING Groep in a 2013 initial public offering, decided to exit the individual life business following a strategic review, said CEO Rodney O. Martin Jr. during an earnings call Tuesday night.
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Originally Posted at InvestmentNews on October 31, 2018 by Greg Iacurci.
Categories: Industry Articles