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NYDIG Announces Appointment of New York Life Chairman and CEO Ted Mathas to its Board of Directors News provided by Share this article NEW YORK, March 10, 2021 /PRNewswire/ --  NYDIG, a leading provider of investment and technology solutions for Bitcoin, today announced the appointment of Ted Mathas to the NYDIG Board of Directors. Mr. Mathas is Chairman and CEO of New York Life Insurance Company, the nation's largest mutual life insurer with more than $700 billion in assets under management. Mr. Mathas' expertise and insights will significantly strengthen NYDIG's Board as it continues to fo...

New York Life Completes Acquisition of Cigna’s Group Life and Disability Insurance Business Acquisition enhances New York Life’s portfolio of strategic businesses, contributes to financial strength, and increases value for clients, producers, and policy owners Group Life and Disability Business Rebranded New York Life Group Benefit Solutions NEW YORK–(BUSINESS WIRE)–New York Life, America’s largest mutual life insurer 1, today announced the completion of the company’s acquisition of Cigna’s group life, accident, and disability insurance business. The $6.3 billion acquisition, ...

SHARE New York Life Insurance capped off 2020 by completing the biggest deal in its 175-year history. The company closed the $6.3 billion cash purchase of a Cigna unit that sells life, accident and disability insurance. The takeover will add roughly 3,000 employees and more than 9 million customers, with the unit operating as a standalone business to be renamed New York Life Group Benefit Solutions. “This acquisition, the largest in our company’s history, reinforces our financial strength by generating capital,” New York Life chief executive Ted Mathas said in a statement. Such deals ar...