How will I be taxed on my demutualization benefits? If you receive a share, there is no immediate tax consequence. The adjusted cost base of the share is zero. However, when you sell or dispose of the ...

Fidelity Bank underwent the exciting process of demutualization — transforming from a mutual organization into a publicly ...

Approves N4.4bn Dividend As Profit Rises By 157.3 The Nigerian Exchange Group Plc (NGX Group) has announced its audited ...

Futures industry conference started when Gerald Ford was US President and the Dow Jones Industrial Average was three figures.

Demutualization is a process of conversion of a life insurance company from a mutual company owned by policyholders, to a shareholder-owned company. Under this process, shares, cash, or other benefits ...

AM Best has revised the implications of the under review status to positive from developing for the Financial Strength Rating ...

Daiichi Life has been aggressive in share repurchases, buying back JPY 200 billion of its shares in the fiscal year ended March 2022, JPY 120 billion annually in each of the following two years, and ...

The company has not yet achieved significant growth through acquisitions of insurance carriers, which was a key objective post-demutualization. Q: Can you explain the seasonality and expenses ...

This action follows the announcement that Farm Bureau of Arkansas and Southern Farm Bureau Casualty Insurance Company (Southern Farm Bureau) have approved a sponsored demutualization transaction.