Dublin-based Ark Life Assurance Co dac was founded in 1991 as a bank assurance subsidiary of Allied Irish Bank plc. It was closed to new business in 2012 and acquired by Guardian Financial Services in December 2013. Guardian was subsequently acquired by Admin Re which is part of the Swiss Re Group. Ark Life’s products include term assurances and mortgage protection plans, unit-linked and tracker bonds, and unit-linked saving and pensions products.
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