Dai-ichi Life's Protective to Purchase Portfolio Holding, Financial Details Undisclosed

Written by Emily J. Thompson, Senior Investment Analyst

Updated: Oct 30 2025

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Acquisition Announcement: Protective Life Corporation has agreed to acquire Portfolio Holding and its subsidiaries from Abry Partners, enhancing its reinsurance management services and finance products for dealers nationwide.
Integration Benefits: The acquisition will allow Protective to integrate Portfolio's dealer wealth programs and technology, improving solutions for dealer success and customer satisfaction.
Portfolio Overview: Founded in 1990 and based in Lake Forest, California, Portfolio offers dealer participation programs that help build long-term wealth through reinsurance structures, serving millions of customers with various insurance products.
Transaction Timeline: The deal is expected to close by the end of the year, pending regulatory approvals, while both companies will continue to operate independently until the transaction is finalized.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.