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Posted: February 27th, 2008, 7:05am CST
New York Life Insurance Co. said Wednesday it named President Ted Mathas to the additional role of chief executive, succeeding Sy Sternberg, who will retire June 30.
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Posted: February 27th, 2008, 5:38am CST
Pan-American Life Insurance Company reported today that the company achieved statutory revenues of $275 million, and $21.1 million in contribution to surplus during 2007. The gains attained in the past year build on the record levels reached during 2006, and place the company's total capital at an all-time high of $331 million.
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Posted: February 27th, 2008, 5:00am CST
NEW ORLEANS----Pan-American Life Insurance Company reported today that the company achieved statutory revenues of $275 million, and $21.1 million in contribution to surplus during 2007.
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Posted: February 27th, 2008, 12:12am CST
LinkValu has sold over $2 Billion worth of instant issue life insurance to consumers through websites including their www.eLifePolicy.com and www.LibertyDirect.com . (PRWeb Feb 27, 2008) Read the full story at http://www.prweb.com/releases/2008/02/prweb716493.htm
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Posted: February 26th, 2008, 4:41pm CST
Changes in the insurance industry -- most notably new standards enacted last year -- make this a particularly good time to shop around for term coverage.
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Posted: February 26th, 2008, 9:00am CST
AEGON has entered into an agreement to acquire 100% of Ankara Emeklilik Anonim Sirketi , a Turkish life insurance and pension provider, from Polis Bakim ve Yardim Sandigi. The move is AEGON's first step in the fast-growing Turkish life insurance and pension market.
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Posted: February 26th, 2008, 5:23am CST
Pan-American Life Insurance Company, a leading international insurance company providing life insurance, worksite benefits and financial services for more than 95 years, announced today the appointment of Eugenio Magdalena as Executive Vice President-International.
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Posted: February 26th, 2008, 1:23am CST
Research and Markets (http://www.researchandmarkets.com/reports/c83931) has announced the addition of "Snapshots Czech Republic Life Insurance 2008" to their offering.
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Posted: February 26th, 2008, 1:00am CST
DUBLIN, Ireland----Research and Markets has announced the addition of "Snapshots Czech Republic Life Insurance 2008" to their offering.
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Posted: February 25th, 2008, 2:04pm CST
For the second consecutive year, John Hancock led the industry in total individual life insurance sales in 2007, according to a recent survey of 78 major life insurers by LIMRA International .
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Posted: February 25th, 2008, 1:38pm CST
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of "a" of American Family Insurance Group (AMFAM) and its members. AMFAM's lead company is American Family Mutual Insurance Company, which includes three reinsured subsidiaries. Additionally, A.M. Best has affirmed the FSR of A (Excellent) and ICR of "a" of American Family Life ...
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Posted: February 25th, 2008, 11:47am CST
Thane, Feb 23 (UNI) With the view to increase its reach in the city, Kotak Mahindra Old Mutual Life Insurance today announced the launch of its new branch office at Kalyan.
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Posted: February 25th, 2008, 9:08am CST
A.M. Best Co. has assigned issuer credit ratings (ICR) of "a-" and affirmed the financial strength rating (FSR) of A- (Excellent) of Forethought Life Insurance Company (FLIC) and its affiliate, Forethought Life Assurance Company (FLAC) (both of Batesville, IN). The outlook assigned to the ICRs is stable, and the outlook for the FSR is stable.
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Posted: February 25th, 2008, 8:43am CST
OLDWICK, N.J.----A.M. Best Co. has assigned issuer credit ratings of "a-" and affirmed the financial strength rating of A- of Forethought Life Insurance Company and its affiliate, Forethought Life Assurance Company .
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Posted: February 25th, 2008, 1:11am CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 24th, 2008, 11:30pm CST
Life and Non-Life Insurance 25/02/2008 07:10:00 Business Wire Research and Markets (http://www.researchandmarkets.com/reports/c83747) has announced the addition of "Snapshots Latvia Insurance 2008" to their offering.
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Posted: February 24th, 2008, 11:23pm CST
Life insurance agents are likely to be exempted from payment of service tax if their total annual commission income does not exceed Rs 8 lakh.
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Posted: February 24th, 2008, 11:23pm CST
Research and Markets (http://www.researchandmarkets.com/reports/c83760) has announced the addition of "Snapshots Estonia Life Insurance 2008" to their offering.
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Posted: February 24th, 2008, 11:16pm CST
25/02/2008 07:00:00 Business Wire Research and Markets (http://www.researchandmarkets.com/reports/c83760) has announced the addition of "Snapshots Estonia Life Insurance 2008" to their offering.
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Posted: February 22nd, 2008, 4:43am CST
Tokyo, Feb 22, 2008 (Jiji Press) - Nippon Life Insurance Co. and Japan Post Insurance Co. plan to tie up in a broad area including sales operations in a bid to survive competition, informed sources said Friday.
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Posted: February 22nd, 2008, 3:14am CST
ING has introduced its new return of premium term life insurance in the state of New York. The policy offers a fixed death benefit with a level policy premium for a pre-determined period of time, typically 15, 20, or 30 years.
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Posted: February 21st, 2008, 11:24pm CST
TOKYO — Japan Post Insurance Co, created last October in the process of privatizing state-run postal services, and Nippon Life Insurance Co will tie up in the development and sales of products and customer management, sources close to the matter said Friday.
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Posted: February 21st, 2008, 10:30am CST
ING has introduced return of premium term life insurance in New York state.
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Posted: February 21st, 2008, 5:48am CST
Type verification code in the box and submit. Bangalore: Kotak Mahindra Old Mutual Life Insurance (Kotak Life Insurance) has announced that they have selected Oracle Financial Management for effective financial control over its nationwide operations.
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Posted: February 21st, 2008, 1:10am CST
Research and Markets (http://www.researchandmarkets.com/reports/c83430) has announced the addition of "Snapshots Czech Republic Non-Life Insurance 2008" to their offering.
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Posted: February 21st, 2008, 1:10am CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 21st, 2008, 12:46am CST
Birla Sun Life Insurance Company Ltd., pioneer of Unit Linked Life Insurance plans, has appointed Quest Diagnostics India Private Ltd as its exclusive provider of health assessment services in India.
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Posted: February 21st, 2008, 12:30am CST
DUBLIN, Ireland----Research and Markets has announced the addition of "Snapshots Czech Republic Non-Life Insurance 2008" to their offering.
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Posted: February 20th, 2008, 6:37am CST
(ARA) - If you have been thinking about buying term life insurance, now's a great time to start shopping because life insurance companies are competing for the lowest term life insurance rates. Rates are expected to continue to decrease throughout 2008.
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Posted: February 19th, 2008, 8:15am CST
A WOMAN has labelled an insurance company as "robbers" as they are refusing to pay out a life insurance policy. (19/02/2008 13:42:35)
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Posted: February 19th, 2008, 7:11am CST
A.M. Best Co. has upgraded the financial strength rating (FSR) to A- (Excellent) from B++ (Good) and the issuer credit rating (ICR) to "a-" from "bbb+" of Sagicor Life Insurance Company (Sagicor Life USA) (Austin, TX). Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICRs of "a" of Sagicor Life Inc. (St. Michael, Barbados) and its two operating life insurance subsidiaries, ...
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Posted: February 19th, 2008, 6:16am CST
OLDWICK, N.J.----A.M. Best Co. has upgraded the financial strength rating to A- from B++ and the issuer credit rating to "a-" from "bbb+" of Sagicor Life Insurance Company . Concurrently, A.M.
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Posted: February 19th, 2008, 2:51am CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 19th, 2008, 1:25am CST
Research and Markets (http://www.researchandmarkets.com/reports/c83171) has announced the addition of "Snapshots Poland Life Insurance 2008" to their offering.
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Posted: February 19th, 2008, 1:00am CST
DUBLIN, Ireland----Research and Markets has announced the addition of "Snapshots Poland Life Insurance 2008" to their offering.
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Posted: February 18th, 2008, 7:41pm CST
KUALA LUMPUR: AmAssurance Bhd has teamed up with DiGi Telecommunications Sdn Bhd to equip its 4,000 life insurance agents with mobile solutions and Internet access via DiGi's smart business package, Dynamic 100 + Data Unlimited Plan.
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Posted: February 18th, 2008, 5:36pm CST
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.
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Posted: February 18th, 2008, 8:28am CST
The life insurance of policemen killed by armed robbers while guarding banks would henceforth be paid by the banks. Force Spokesman Agberi Akpoebi told the News Agency of Nigeria (NAN) on Sunday in Abuja that the decision was part of the resolutions at the weekend between the force and the banks.
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Posted: February 18th, 2008, 8:22am CST
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.
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Posted: February 18th, 2008, 6:13am CST
The life insurance of policemen killed by armed robbers while guarding banks would henceforth be paid by the banks.
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Posted: February 18th, 2008, 2:17am CST
Most of the victims of a bogus Liberty Life broker had been refunded, the insurance company said on Monday.
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Posted: February 17th, 2008, 11:21pm CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 17th, 2008, 9:48pm CST
TAIPEI, Feb 18 - Taiwan Life Insurance expects its new tie-up with China's Xiamen C&D to have 30 million yuan in premiums in 2009, a company executive said on Monday.
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Posted: February 17th, 2008, 5:34pm CST
BEIJING (XFN-ASIA) - The China Insurance Regulatory Commission said it has given its approval to Generali China Life Insurance Co Ltd to launch two more investment-linked insurance products.
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Posted: February 17th, 2008, 5:02am CST
It is very important to consider obtaining life insurance on both parents.
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Posted: February 17th, 2008, 3:36am CST
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.
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Posted: February 17th, 2008, 2:51am CST
(ARA) - If you have been thinking about buying term life insurance, now's a great time to start shopping because life insurance companies are competing for the lowest term life insurance rates. Rates are expected to continue to decrease throughout 2008.
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Posted: February 17th, 2008, 12:38am CST
With home equity tapped and investment yields down, some income-hungry retirees may be tempted to siphon cash from permanent life insurance policies.
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Posted: February 16th, 2008, 9:17am CST
W ith home equity tapped and investment yields down, some income-hungry retirees may be tempted to siphon cash from permanent life insurance policies.
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Posted: February 15th, 2008, 9:46am CST
Allianz Life Insurance Co., the largest seller of annuities in California, agreed to a $10 million settlement with the state Department of Insurance for allegedly targeting thousands of seniors in deceptive annuity sales.
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Posted: February 15th, 2008, 9:14am CST
America Regional Operations 15/02/2008 16:52:00 Business Wire Pan-American Life Insurance Company, a leading international insurance company providing life insurance, worksite benefits and financial services for more than 95 years, announced that Robb A.
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Posted: February 15th, 2008, 9:11am CST
Pan-American Life Insurance Company, a leading international insurance company providing life insurance, worksite benefits and financial services for more than 95 years, announced that Robb A. Suchecki will join the company as its new vice president for Latin American Regional Operations.
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Posted: February 15th, 2008, 8:59am CST
Pan-American Life Insurance Company, a leading international insurance company providing life insurance,
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Posted: February 15th, 2008, 8:52am CST
NEW ORLEANS----Pan-American Life Insurance Company, a leading international insurance company providing life insurance, worksite benefits and financial services for more than 95 years, announced that Robb A.
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Posted: February 15th, 2008, 8:41am CST
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings of "aa" of Jackson National Life Insurance Company, its wholly owned subsidiary, Jackson National Life Insurance Company of New York (together known as JNL) and its direct parent, Brooke Life Insurance Company. Additionally, A.M. Best has affirmed the debt ratings of "aa" on JNL's funding ...
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Posted: February 15th, 2008, 8:31am CST
OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of "aa" of Jackson National Life Insurance Company, its wholly owned subsidiary, Jackson National Life Insurance Company of New York and its direct parent, Brooke Life Insurance Company.
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Posted: February 14th, 2008, 5:37pm CST
BURBANK -- In a sanction meant to set an example to insurers, Allianz Life has agreed pay $10 million to settle complaints that it tricked and pressured seniors into buying annuities they didn't need, state Insurance Commissioner Steve Poizner said Thursday.
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Posted: February 14th, 2008, 10:30am CST
TORONTO, Feb 14 - Canadian insurer Sun Life Financial Inc plans to take steps this year to expand its business in India, where growth in the life insurance sector is "extraordinary," Chief Executive Don Stewart said on Thursday.
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Posted: February 14th, 2008, 4:32am CST
Feb. 14 (Bloomberg) -- Sun Life Financial Inc., Canada's third-largest insurer, said profit climbed for the ninth straight quarter because of higher life insurance sales in the U.S.
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Posted: February 11th, 2008, 10:54am CST
OM Kotak Mahindra Life Insurance Company announced yesterday that it has changed its company name to Kotak Mahindra Old Mutual Life Insurance Limited. The brand will now be known as Kotak Life Insurance.
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Posted: February 11th, 2008, 10:37am CST
With the addition of a new Standard Plus Non Smoker risk class, John Hancock Life Insurance has enhanced its Protection SUL-G and Performance UL policies, two of the most successful products in their broad and competitive universal life portfolio.
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Posted: February 11th, 2008, 10:32am CST
Both the life and non-life insurers, along with the two standalone health insurance companies, have upped their ante to grab the growing health insurance market. Health insurance is poised to become a Rs 25,000-crore industry by 2010.
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Posted: February 11th, 2008, 10:26am CST
Protective Life Corporation (NYSE:PL) today announced that John D. Johns, Chairman, President and Chief Executive Officer of the Company, will be presenting at the Merrill Lynch Insurance Investors Conference being held in New York City, NY. Mr. Johns' presentation will be February 13 at 2:20 p.m. Eastern.
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Posted: February 11th, 2008, 7:49am CST
Durban police are investigating 10 cases of fraud linked to national insurance and investment giant Liberty Life. All 10 cases were opened in the Durban area between December last year and January this year.
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Posted: February 11th, 2008, 5:14am CST
Durban police are investigating ten cases of fraud against national insurance and investment giant, Liberty Life.
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Posted: February 11th, 2008, 12:41am CST
InsureMe announces results from life insurance study. (PRWeb Feb 11, 2008) Read the full story at http://www.prweb.com/releases/2008/02/prweb685164.htm
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Posted: February 10th, 2008, 11:01pm CST
InsureMe announces results from life insurance study
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Posted: February 10th, 2008, 8:23pm CST
WASHINGTON, DC-Life insurance companies, along with other balance sheet lenders and alternative forms of capital, have been stepping into the breach created by the CMBS markets’ seizure last year.
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Posted: February 9th, 2008, 9:09am CST
Chandigarh, Feb 9 (UNI) SBI Life Insurance has sold around 72 lakh policies till December of the current financial year and recorded 101 per cent growth by collecting total premium of Rs 2748.28 crore.
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Posted: February 7th, 2008, 5:27pm CST
A life insurance agent from El Cajon was sentenced to prison for stealing an elderly couple's life savings.
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Posted: February 7th, 2008, 12:37pm CST
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.
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Posted: February 7th, 2008, 7:09am CST
A Pendleton Heights High School senior is believed to be the state's youngest licensed insurance agent. Heather Gaskill, who turned 18 in December, is licensed to sell life, car or homeowner's ins
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Posted: February 7th, 2008, 4:09am CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 6th, 2008, 4:30pm CST
EL SEGUNDO, Calif. ( Map ) - EL SEGUNDO, Calif., Feb. 6 /PRNewswire/ -- Computer Sciences Corporation (NYSE: CSC ) today announced that CSC's incentive compensation management (ICM) software now processes life insurance commissions for more than 1.5 million U.S. distributors, agents and producers.
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Posted: February 6th, 2008, 3:25pm CST
Question: I received an offer in the mail to buy a life insurance policy for my 18-month old daughter for a small monthly premium. As I understand it, the policy would not only build cash value, but double the amount of insurance coverage when my daughter turns 21. Do you think this is a good plan to build for my daughter's financial future or is there a better way? --R.K.
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Posted: February 6th, 2008, 2:51pm CST
Question: I received an offer in the mail to buy a life insurance policy for my 18-month old daughter for a small monthly premium. As I understand it, the policy would not only build cash value, but double the amount of insurance coverage when my daughter turns 21.
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Posted: February 6th, 2008, 2:27pm CST
Computer Sciences Corporation today announced that CSC's incentive compensation management software now processes life insurance commissions for more than 1.5 million U.S. distributors, agents and producers.
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Posted: February 6th, 2008, 3:57am CST
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.
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Posted: February 6th, 2008, 3:38am CST
(ARA) - If you have been thinking about buying term life insurance, now's a great time to start shopping because life insurance companies are competing for the lowest term life insurance rates. Rates are expected to continue to decrease throughout 2008.
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Posted: February 6th, 2008, 1:13am CST
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.
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Posted: February 5th, 2008, 12:06pm CST
Life insurance is a practical way to protect your family's financial hopes and dreams. The death of a family member can be devastating to survivors both emotionally and financially. Life insurance can provide cash to help with your family's immediate and long-term needs. * Immediate needs include funeral expenses, unpaid medical bills and taxes. * Long-term needs include care for a disabled ...
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Posted: February 5th, 2008, 6:15am CST
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.
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Posted: February 5th, 2008, 6:09am CST
A new study has found that the financial services, technology and life sciences industries face the highest premiums for directors and officers liability insurance, with the lowest premiums found in e
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Posted: February 5th, 2008, 5:34am CST
MUMBAI (Thomson Financial) - Fitch Ratings said it assigned a stable outlook to Swiss life and non-life insurance sectors, but said it expects challenging market conditions in 2008, which could affect the positive steps taken by both insurers since 2002.
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Posted: February 5th, 2008, 3:18am CST
Looking to derive strength from their huge customer base and branch network, two PSU lenders - Canara Bank and Oriental Bank of Commerce - along with the insurance arm of UK-based HSBC Group are likely to start a life insurance venture in the next four months.
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Posted: February 5th, 2008, 3:12am CST
CNinsure, an insurance agency and brokerage company, has signed a memorandum of understanding with Ping An Life Insurance Company of China, for a strategic partnership in the distribution and design of certain insurance products.
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Posted: February 5th, 2008, 2:01am CST
TAIPEI, Feb 5 - Taiwan Life Insurance Co has won approval from Chinese authorities for an insurance joint venture in China, the company said on Tuesday, the third such tie-up between firms in the two countries.
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Posted: February 4th, 2008, 11:53am CST
MUMBAI: For Prakashan P, 36, from Kasargod district, Kerala, last year was a complete change in careers. After serving 16-odd years as a storekeeper in the Army Service Corps, Prakashan chucked his career as a non-commissioned officer to become a unit manager for ICICI Prudential Life Insurance.
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Posted: February 4th, 2008, 10:23am CST
A lawyer says the courts will have a complex decision to make if a woman who received life insurance after her husband faked his own death is taken to court.
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Posted: February 4th, 2008, 7:41am CST
State-owned insurer Life Insurance Corp of India (LIC) Monday jumped onto the health insurance bandwagon by introducing its first long-term health insurance product.
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Posted: February 4th, 2008, 7:25am CST
Fort Dearborn Life Insurance Company of New York is pleased to announce it will commence business in the state of New York.
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Posted: February 4th, 2008, 7:19am CST
MUMBAI -(Dow Jones)- State-run Life Insurance Corp. of India is targeting premium income worth 520 billion rupees ($13.21 billion) from its individual insurance plans in the financial year ending March 31, a company executive said Monday.
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