Tenneco to Conseco

  • Wilton Re Completes Acquisition of Conseco Life Insurance Company from CNO Financial. July 1, 2014.
  • 1989 1003 - Associated Press - ICH Sells Off Some Insurance Holdings To Hicks, Muse <HMS Acquisition Corp., Hicks, Muse’s purchasing vehicle> and Others - [link]
    • Hicks, Muse are Philadelphia Life Insurance Co., based in Dallas, and three <or 4??> Denver-based firms:
      • Massachusetts General Life Insurance Co.,
      • Wabash Life Insurance Co.,
      • All American Life Insurance Co
      • and Chase National Life Insurance Co.
    • ICH also announced it had signed a letter of intent to sell Great Southern Life Insurance Co. for $145 million to Financial Holding Corp. in Kansas City, Mo. <Merriman"
    • ICH will retain Southwest Life Insurance Co., based in Dallas, and Bankers Life and Casualty Co., based in Chicago
  • 1996 0312 - Associated Press - Conseco To Buy Life Partners in $840 Million Deal - [link]
    • Life Partners, based in Englewood, Colo., was formed in 1990 when a group of investors led by the investment firm Hicks, Muse, Tate & Furst Inc. of Dallas purchased Massachusetts General Life, Philadelphia Life and five other life insurance companies from I.C.H. Corp.

1972 1212 - Washington Post - Tenneco Planning to Acquire Big Texas Insurance Company - [link]

  • Tenneco said it would give stock worth $750 million to acquire Southwestern Life Corp., a Dallas company with almost $10 billion of life insurance in force.
  • Tenneco has owned an interest in Philadelphia Life since 1952 and bought full ownership of the company last year.