Life Insurance
Guardian Responds to Washington Times Article
Guardian Life Insurance Co. appreciated the opportunity to comment for your story Insurer ends health program rather than pay out big (Business, Wednesday). However, a few things need to be clarified. The policy in question has not been off...
Big Three Insurers Sep. Life Insurance Premium up 17.8%
The revenue premium three listed mainland insurers gained in the insurance sector of the nation lives has reached CNY 421.6 billion during the first nine months of this year, reaching 10.8 years per cent over the year . The three are China...
New York Life Insurance Company's New Surplus Notes
The outlook for the rating is negative. The existing financial strength, issuer credit and debt ratings of New York Life and its affiliates are unchanged. The proceeds from the offering will be utilized by New York Life for general corporat...
Matt Lile Surrenders Insurance License After Financial Meltdown of Cosmopolitan Life
We told you last week that Cosmopolitan Life Insurance Co. was under regulatory receivership and Advance Insurance Group of America had closed. Mixed in with those financial travails, the former president of both Little Rock companies agree...
Reinsurance Group of America acquires group life, accident and health reinsurance businesses of ReliaStar Life Insurance
Reinsurance Group of America, Incorporated has entered into an agreement to acquire the US and Canadian group life, accident and health reinsurance businesses of ReliaStar Life Insurance Company, a subsidiary of ING Groep N.V. Both Reinsura...
CPIC Sep. Life Insurance Premium up 22%
The premium revenue China Pacific Insurance (Group) Co., Ltd. (CPIC and SHSE: 610601) gained from the nation's life insurance sector in September 2009 reached CNY 6.34 billion, soaring 21.86 percent year on year. It is the first time for th...
Announces Acquisition of Reinsurance Life Co.
Reinsurance Group of America, Incorporated (NYSE: RGA) today announced an agreement with ReliaStar Life Insurance Company, a subsidiary of ING Groep N.V., whereby RGA has acquired ReliaStar's U.S. and Canadian group life, accident and healt...
Hit By Credit Crunch, US Life Settlements Drop in 2008
The credit crunch was among the factors that hurt the U.S. life settlement market in 2008, a new study by Conning Research Consulting shows. The firm estimates about $11.7 billion in face values on life insurance policies were settled in 20...
The company remains solvent but has seen its surplus funds plummet 97 percent in a year.
Shenandoah Life Insurance Co. prepared to sell its group insurance business Friday, setting the stage for the next phase of the struggling Roanoke company's rehabilitation. Assurant Employee Benefits, a Kansas City, Mo., insurance company,...
Best's Rating Notification - Protective Life and Annuity Insurance Co
.M. Best Company has made the following rating update: Company: Protective Life and Annuity Insurance Co AMB Number: 8860 Current Rating: A+ Previous Rating: A+ To obtain more information about this company, please visit: http://www3.ambest....
SO YOU THINK YOU'RE AGROWN-UP?: If you really want to be one, here are some tools from life's toolbox that you absolutely have to learn how to use.
WHETHER you've been mooching off mom and dad for your entire existence or depending on your spouse to provide all of life's niceties and necessities, it's time to grow up and be an adult. If you intend on thinking of yourself as a grown-up,...
Insurers accelerate business strategies
Life insurance companies have developed business and marketing strategies as the economy begins to show signs of recovery. French life insurance company Prevoir Vietnam , through an agreement with the Vietnam Post and Telecommunication Group...
Jobs Report Shows Slight Drop for Industry, Previous Numbers Better Than First Reported
While Wall Street expressed disappointment over national employment numbers, the U.S. insurance industry received some good news in the seasonally adjusted data released Oct. 2 by the U.S. Bureau of Labor Statistics -- though the industry wa...
Sun Life Financial of Canada completes acquisition of LincolnNational UK
Sun Life Financial of Canada today announces the completion of its acquisition of the UKoperation of Lincoln National Corporation. This will bring Sun Life Financial of Canada's total assets under management in the UKto GBP10.6bn, with 1.1 m...
Some seniors are raising eyebrows as they raise cash by selling insurance policies: Life & death issues
A controversial, but rapidly growing practice in which senior citizens raise cash by selling their life insurance policies to investors who will profit when they die could soon be subject to more government scrutiny. The multi-billion dolla...
CITIC Prudential Life Insurance Eyeing Channel Construction
CITIC Prudential Life Insurance Co., Ltd. will inject the money raising from reinvestment and stock enlargement into new channel construction, the chief executive officer for the life insurer recently said in an interview. The Guangzhou-hea...
Waukesha County budget avoids major cuts
ile Waukesha County residents may be hurting because of the recession and governments are scrambling financially, Waukesha County government is weathering the storm better than most. Waukesha County Executive Dan Vrakas announced his propos...
CITIC Prudential Life Insurance Eyeing Channel Construction
CITIC Prudential Life Insurance Co., Ltd. will inject the money raising from reinvestment and stock enlargement into new channel construction, the chief executive officer for the life insurer recently said in an interview. The Guangzhou-hea...
Sun Life Financial Names CFO
Canada's Sun Life Financial Inc. named Colm Freyne as its chief financial officer and executive vice president. He held the CFO post on an interim basis since July 1. Freyne was named interim CFO earlier this year following the resignation...
Pragati Insurance declares 10% dividend for 2008
Pragati Life Insurance Limited today (Sunday) declared 10 percent dividend for its shareholders for the year 2008. The declaration came from its 9th Annual General Meeting (AGM) held at the Jamuna Resort Ltd in Tangail. Presided over by com...
India's Reliance Life Aims for Capital Through IPO or Strategic Investors by 2010
India-based private financial services company Reliance Capital Ltd., part of conglomerate Anil Dhirubhai Ambani Group, is planning to raise funds in its life insurance unit, Reliance Life Insurance [90255], either through an initial public...
Japan's Life Premium Income Continues Downward Trend
Japan's life insurance sector saw a 4.9% drop in premiums to 11.14 trillion yen (US$124 billion) for the first four months of the 2009 fiscal year starting in April. New business for individual life insurance and annuities declined 3.2% and...
City of Menasha sued after defaulting on bonds
Investors are suing the City of Menasha in the wake of its default on financing for an ill-fated power plant project that has seen the Fox Valley community's credit rating sink to junk status. The lawsuit, filed in federal court in Indiana,...
AGRICULTURAL BANK OF CHINA MULLS LISTING IN SHANGHAI
Agricultural Bank of China (ABC), the only of China's Big Four bank that has yet to list, could float its shares on the Shanghai bourse as early as May or June of 2010, China Daily reported Tuesday. Whether the bank will seek a dual listing...
S KOREA'S POSCO SAYS IT IS MULLING TAKEOVER OF DAEWOO INTL
POSCO (KSE:005490), South Korea's leading steelmaker, said Tuesday it is reviewing a takeover of Daewoo International Corp., a former Daewoo Group unit whose operations are focused mainly on energy development. We are reviewing the strategi...
Genworth adds twist to universal life-insurance policies
Genworth Financial is introducing new universal life-insurance policies that add another variable customers can control to manage the premiums they pay. The GenGuard products allow customers to change the guarantee period of the policy to l...
Life Insurance Settlement Association Delivers Senate Testimony on Industry's Value to Consumers and Dismisses the Media's Sensationalist Take on the Industry
WASHINGTON, DC -- (MARKET WIRE) -- 09/25/09 -- Yesterday on Capitol Hill, Russel Dorsett, President of the Life Insurance Settlement Association (LISA) testified before Congress on the benefits of life settlements to American consumers. In...
Today's Picks
Blue Cross Blue Shield of North Dakota Names von Ebers
BISMARCK, N.D. Blue Cross Blue Shield of North Dakota has named insurance
Employee Benefits Selections
NEW YORK - (BUSINESS WIRE) - Millions of American workers will be making their
Obama Plan May Give Physicians leverage to press for
May 12 - WASHINGTON - The push to increase attacks health care costs by
Anthem Blue Cross and Blue Shield in Missouri
ST. LOUIS, Aug. 3 /PRNewswire/ -- Not just for teens anymore--social networking
Bank BOLI Assets Exceed $126 Billion in 2008
According to Report by Michael White and Meyer-Chatfield Radnor, PA, and
Cassidy: Movement of reforming health care reached
Copyright 2009 San Jose Mercury NewsAll rights reserved San Jose Mercury News
Family financial protection - Is your family covered?
Income protection, critical illness cover, income benefit and life insurance
Madoff IRS To Allow victims of theft loss deduction
Copyright 2009 Inc.All rights reserved Marketwatch.com MarketWatch 17 March
Job Shift insurers on premiums
Copyright 2009 Los Angeles TimesAll Rights Reserved Los Angeles Times 25 March
New York Life to pay the long-term care insurance
NEW YORK - (BUSINESS WIRE) New York Life Insurance Company announced today that
Employers Want To Save Money While Working With TPAs
The nation's sour economy has added a new step to the tango of self-insured
See consumers life insurance as a way to help offset
Americans believe life insurance can help bridge the gaps for loved ones
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