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ULA will be primarily integrated with AIH's Des Moines insurance operations that are owned through its Equitable of Iowa Companies Inc.
David Pendergrass, treasurer, ING America Insurance Holdings stated, "The Bank of New York has done an excellent job as custodian of the assets of Equitable of Iowa Companies prior to ING's 1997 acquisition of those operations.
The acquisitions of the Equitable of Iowa Companies in the United States and GRE Financial Limited, the Canadian P&C operations of Guardian Royal Exchange plc, have cemented INV as a major international insurance company.
CHICAGO -- Fitch Ratings has upgraded the ratings of Equitable of Iowa Companies Capital Trust II 8.
Equitable of Iowa Companies is a subsidiary of Internationale Nederlanden Groep N.
ING") (NYSE: ING) announced today that final calculations regarding elections made by former holders of the common stock of Equitable of Iowa Companies ("EIC") prior to the merger of EIC with and into a subsidiary of ING have been completed.
From 1989 to 1997, Welp led tax, finance and support services for Equitable of Iowa Companies prior to it being acquired by ING.
DCR) has raised the claims paying ability ratings of the insurance subsidiaries of Equitable of Iowa Companies from 'AA' (Double-A) to 'AA+' (Double-A-Plus) and removed them from rating watch.