Insular Life

Philippine insurer InLife sells 40 percent stake in Oona Philippines to Oona Insurance

Philippine insurers Insular Life (InLife) and Oona Insurance group (Oona) have on Thursday jointly announced that they are entering into an agreement, with InLife selling its 40 percent stake in their non-life insurance joint venture, Oona Insular Insurance Corporation (Oona Philippines), making it Oona’s fully owned subsidiary.