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Secures a multiyear $2 billion contract for administration of Transamerica's US insurance and annuity businessTata Consultancy Services announced that it has entered into an agreement with Transamerica, a leading provider of life insurance, retirement and investment solutions, to enable the transformation of administration of its US insurance and annuity business lines.
The multi-year contract is worth more than $2 billion in revenues, and is expected to be completed by the second quarter of 2018.
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