Nassau Re

Nassau Reinsurance Group Holdings Completes Acquisition of Traditional Insurance Business from Universal American

HARTFORD, Conn. & WHITE PLAINS, N.Y., Aug. 3, 2016 — Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) and Universal American Corp. (NYSE:UAM) (“Universal American”) today announced the successful completion of Nassau Re’s previously announced acquisition of Universal American’s Traditional Insurance business.

The Traditional Insurance business consists of a closed block of insurance products, including approximately 150,000 insurance policies across Medicare supplement, life insurance, long-term care, disability insurance and other specialty health policies.

Alice EricsonNassau Reinsurance Group Holdings Completes Acquisition of Traditional Insurance Business from Universal American
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Nassau Reinsurance Group Holdings Completes Acquisition of The Phoenix Companies

NEW YORK & HARTFORD, Conn., June 20, 2016 — Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) and The Phoenix Companies, Inc. (NYSE:PNX) (“Phoenix” or the “company”) today announced the successful completion of Nassau Re’s previously announced acquisition of Phoenix after receipt of insurance regulatory approvals from the Connecticut Insurance Department and the New York State Department of Financial Services.

Alice EricsonNassau Reinsurance Group Holdings Completes Acquisition of The Phoenix Companies
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Nassau Reinsurance Group Holdings, L.P. Receives Regulatory Approvals Required for the Acquisition of The Phoenix Companies, Inc.

HARTFORD, Conn., June 14, 2016 — The Phoenix Companies, Inc. (NYSE:PNX) (“Phoenix” or the “company”) and Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) today announced that Nassau has received regulatory approval from the New York State Department of Financial Services to acquire Phoenix pursuant to the agreement and plan of merger entered into on September 28, 2015 (the “merger agreement”). Together with the regulatory approval previously received from the Connecticut Insurance Department, Nassau Re now has the required regulatory approvals to close the merger.

Alice EricsonNassau Reinsurance Group Holdings, L.P. Receives Regulatory Approvals Required for the Acquisition of The Phoenix Companies, Inc.
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Nassau Reinsurance Group Holdings, L.P. Receives Connecticut Insurance Department Approval for the Acquisition of The Phoenix Companies, Inc.

Hartford, Conn., May 6, 2016 – The Phoenix Companies, Inc. (NYSE:PNX) (“Phoenix”) and Nassau Reinsurance Group Holdings, L.P. (“Nassau”) today announced that Nassau has received Connecticut Insurance Department approval for the acquisition of Phoenix pursuant to the agreement and plan of merger entered into on September 28, 2015 (the “merger agreement”).

The transaction is still subject to approval from the New York State Department of Financial Services and the satisfaction of customary closing conditions. Phoenix and Nassau continue to expect the closing to take place in the second quarter of 2016.

Alice EricsonNassau Reinsurance Group Holdings, L.P. Receives Connecticut Insurance Department Approval for the Acquisition of The Phoenix Companies, Inc.
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The Phoenix Companies, Inc. Stockholders Approve Acquisition by Nassau

Hartford, CT, Dec. 17, 2015 – At a special meeting today, stockholders of The Phoenix Companies, Inc. (NYSE:PNX) (“Phoenix”) approved the adoption of the Agreement and Plan of Merger (the “merger agreement”), dated as of September 28, 2015, among Phoenix, Davero Merger Sub Corp. and Nassau Reinsurance Group Holdings, L.P. (“Nassau”). Subject to the terms and conditions of the merger agreement, Davero Merger Sub Corp., a direct wholly-owned subsidiary of Nassau, will be merged with and into Phoenix with Phoenix as the surviving company and a direct wholly-owned subsidiary of Nassau.

Alice EricsonThe Phoenix Companies, Inc. Stockholders Approve Acquisition by Nassau
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