A major Canadian insurance company has assumed complete control of the Holden Group, a Los Angeles company that runs annuities sales programs at about 100 community banks.

London Insurance Group of Ontario, which already owned a 60% stake in the company, disclosed this week that it boosted its ownership to 100% in May.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.