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Best’s News & Research Service subscription required - April 11, 2013 03:53 PM (EDT)

Protective Life to Buy MONY Life, Reinsure Closed Life Book in $1.06 Billion Deal

Protective Life Insurance Co. is buying MONY Life Insurance Co., a subsidiary of France's Axa S.A., and will reinsure an in-force, closed book of life policies written by MONY Life Insurance Company . . .

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