American International Group Inc.'s American General Life Insurance Co. unit said it acquired Matrix Direct Inc., a direct marketer of term life insurance, from Protective Life Corp.

AMERICAN INTERNATIONAL GROUP INC.'S AMERICAN GENERAL LIFE INSURANCE CO. unit said it acquired MATRIX DIRECT INC., a direct marketer of term life insurance, from PROTECTIVE LIFE CORP. Financial terms weren't disclosed. The San Diego-based Matrix Direct will become part of the domestic life insurance operations of AIG.

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Publication:	Best's Review
Date:	Apr 1, 2007
Words:	48
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Topics:	Insurance companies Insurance industry Mergers, acquisitions and divestments Marketing industry Mergers, acquisitions and divestments

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