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AXA Financial has completed the sale of the closed MONY portfolio to Protective for USD 1.06 billion

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Oct 1, 2013

AXA today announced it had successfully completed the sale of MONY Life Insurance Company ("MONY") as well as the reinsurance of an in-force book of life insurance policies, written primarily prior to 2004 by MONY's subsidiary MONY Life Insurance Company of America ("MLOA"), to Protective Life Insurance Company ("Protective").

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