"life insurance"

Allianz, Axa, Aegon Post Lower Earnings on Asset Writedowns - Bloomberg (Life Insurance News)

tedthedj — Thu, 07 Aug 2008 17:30:03 +0000

Aug. 7 (Bloomberg) — Allianz SE , Axa SA and Aegon NV, three of Europe’s biggest insurers, reported lower profit as the subprime contagion and slumping stock markets ate into the value of their holdings. Allianz, based in Munich, scrapped its Read More

The Land Transportation Office (LTO) has started the implementation of the controversial Compulsory Third Party Liability Insurance of the Government Service Insurance System (CTPL-GSIS) despite the existence of a 60-day temporary restraining order Read More

Aug. 7 (Bloomberg) — Aegon NV , owner of the U.S. insurer Transamerica Corp., dropped the most in five years after the company said second-quarter profit fell 58 percent, more than analysts estimated, on higher writedowns and investment losses Read More

ZURICH : Swiss Reinsurance, the world’s largest reinsurer, announced an agreement Tuesday to buy the life insurance unit of Barclays for £753 million in cash, even as it wrote down more credit assets. Swiss Re said it would acquire about 760,000 Read More

Most business owners do not know what their businesses are worth and have no exit strategy. That’s about to change thanks to an innovative solution provided by Davis Life Brokerage , a national insurance marketing organization. The Business Read More

Nationwide Financial OKs $2.4 bln buyout by parent - Guardian Unlimited (Life Insurance News)

tedthedj — Thu, 07 Aug 2008 05:30:06 +0000

NEW YORK, Aug 6 (Reuters) - Nationwide Financial Services Inc, a provider of life insurance and annuity products, said on Wednesday it agreed to a $2.4 billion buyout by its parent, Nationwide Mutual Insurance Co. The parent agreed to pay $52.25 per Read More

Standard Life’s profits beat forecasts yesterday but the life insurer warned that the outlook for the sector was impossible to call in difficult markets. First-half operating profits on an embedded value basis rose 51 per cent to £534m, boosted by Read More

Max New York Life looks at low-income customers - Reuters India (Life Insurance News)

tedthedj — Wed, 06 Aug 2008 18:31:27 +0000

MUMBAI, Aug 5 (Reuters) - Max New York Life Insurance Co plans to tap the lower middle-class to boost premium income in a market where insurance penetration is still one of the lowest in Asia, officials said. “We believe there are 100 million Read More

Farmers Insurance Claims Team Assists Victims of Indiana Storm Business Editors GARY, Ind.–(BUSINESS WIRE)–August 6, 2008–Farmers Insurance Group of Companies advises its customers suffering damage from the recent storm in the Northwest Indiana Read More

COLUMBIA, S.C., Aug. 4 /PRNewswire/ — Colonial Life & Accident Insurance Company has set up dedicated phone lines to make it easier for customers affected by tropical storm Dolly in Texas to get support from the company. Customers can call Colonial Read More

Infomercial king Billy Mays, known for screaming about the wonders of cleaning solutions Kaboom!, OxiClean, and other household products, is now starring in a commercial for what he calls “the most important product I’ve ever endorsed:” health Read More

Buying insurance from your paanwallah - Sify (Life Insurance News)

tedthedj — Wed, 06 Aug 2008 07:30:04 +0000

Sify

Buying insurance from your paanwallah
Sify, India - 2 hours ago
Max New York Life Insurance has launched Max Vijay, a product that would be sold in a DVD-like pack to the grocery store or the retail chain. …
Insurance companies eye India BBC News
Max New York Life looks at low-income customers Reuters India
Max New York Life launches policy for rural, semi-urban people Economic Times
all 9 news articles

New China Life Insurance H1 investment returns 7.44 pct
Forbes, NY - 4 hours ago
BEIJING (XFN-ASIA) - New China Life Insurance Co said it earned 8.77 bln yuan from its investment activities in the first half of 2008, with a return ratio …
New China Life Insurance H1 investment returns 7.44 pct Hemscott
all 7 news articles

Protecting Your Income
BusinessWeek - 2 hours ago
In fact, a recent survey by Berkshire Life Insurance found that 25% of Americans are worried about losing their jobs within the next six to 12 months …

Cigna Leads Monday’s AMBG as Global Insurance Index Declines 0.10% - Insurance News Net (Life Insurance News)

tedthedj — Tue, 05 Aug 2008 19:30:03 +0000

The AMBG closed Monday, Aug. 4, at 1036.90 (-0.10%). Of the 15 A.M. Best stock indexes, six rose and nine declined. Leading A.M. Best’s Global Insurance Composite Index (AMBG) were Cigna (+5.25%) and Aetna (+5.03%). Trailing the list of global Read More

Aug. 5 (Bloomberg) — U.K. stocks advanced for the first time in four days, led by Barclays Plc after the U.K.’s third- biggest bank agreed to sell its U.K. life-insurance unit to Swiss Reinsurance Co. for 753 million pounds ($1.5 billion). Legal Read More

ZURICH, Switzerland (AP) — Swiss Reinsurance Co. reported a 53% drop in second-quarter net profit Tuesday, citing ongoing financial turmoil on the world markets. The world’s largest reinsurer said its net profit during the three months to June was Read More

Private insurers eat into PSUs’ non-life share - Economic Times (Life Insurance News)

tedthedj — Tue, 05 Aug 2008 08:30:05 +0000

Private insurers eat into PSUs’ non-life share
Economic Times, India - 11 hours ago
MUMBAI: State-owned non-life insurance companies have lost further market share in the first quarter of 2007-08, as the industry slowly adjusts to a …
Artha Money launches Gold promotion for customers Moneycontrol.com
all 4 news articles

The Penn Mutual Life Insurance Company Introduces Guaranteed …
MarketWatch - 15 hours ago
In generating cash accumulation in this product, clients are able to take partial withdrawals and/or loans and, if their life insurance needs change, …
PruLife Universal Protector ® Rates Rank #1 in Many Scenarios Business Wire (press release)
all 16 news articles

AccuQuote, a Leading Provider of Term Life Insurance Quotes …
Emediawire (press release), WA - 20 minutes ago
AccuQuote.com, a leading provider of term life insurance quotes to people across the United States, provides tips for comparing return of premium (ROP) …

Is Low-Cost Health Insurance Worth It?
MSNBC - 17 hours ago
Consumers should make sure they have enough life insurance, which replaces income when you or a family member dies. Weydert recommends buying a term life …

Planning for the best - Minneapolis Star Tribune (Life Insurance News)

tedthedj — Mon, 04 Aug 2008 21:30:04 +0000

There really isn’t much more to this story than this: Larry Tate is a financial planner. Every day, Tate guides clients through life’s big decisions: Retirement and estate planning, 401ks, IRAs, life and disability insurance. The thing is, Tate can’t Read More

Like the ostrich, are you sticking your head in the sand when it comes to insuring yourself? According to recent statistics from the insurance industry, sales of the most basic personal protection insurance products, i.e. life insurance and income Read More

WANT to know what’s all the rage these days? I’m not talking high-waisted jeans (which I think is a joke Kate Moss is playing on all of us). No, it’s the intriguing, but ridiculous practice of faking your own death. You wouldn’t think it was common Read More

– Steven M. Stecher has been appointed president of Conseco Insurance Group (CIG), including Worksite Operations and CIG New Business Services. Stecher, who served previously as executive vice president of operations for Conseco, replaces Dan Bardin Read More

Imagine an all-purpose warranty that would cover, for less than $10 a month, just about every appliance and electronic gizmo in the house. As of today, it exists. GreenUmbrella.com, backed by the giant credit-reporting agency Experian, offers a Read More

Life Insurance - your Family, Who Cares? - Best Syndication (Life Insurance News)

tedthedj — Mon, 04 Aug 2008 11:30:48 +0000

Aflao, Aug 3, GNA- Mrs Emma Ocran, Legal Director, National Insurance Commission (NIC), said the services of lawyers in the pursuance of insurance compensation arising from motor accidents was a matter of choice rather than a necessity. She explained Read More

Some consumers are worrying as banks report billion-dollar losses from bad loans and in the wake of the seizure of IndyMac Bank, the third-largest bank failure in U.S. history. The good news is that you can eliminate the risk of losing money in a Read More

We were among the first, more than a year ago, to call your attention to “life settlements.” That’s a new and, to my mind, a potentially unsavory business now referred to as “Stranger Owned Life Insurance” (SOLI), wherein you sell your life-insurance Read More

Sun Life Financial reports second quarter 2008 results - MarketWatch (Life Insurance News)

tedthedj — Sun, 03 Aug 2008 14:30:45 +0000

Sun Life Financial reports second quarter 2008 results
MarketWatch - Jul 31, 2008
Sun Life Financial Asia (SLF Asia) - In India, Birla Sun Life Insurance Company (BSLIC) second quarter individual life insurance sales in local currency …
UPDATE 1-US business results hurt Sun Life profit Reuters
Sun Life Second-Quarter Profit Falls on Stock Prices (Update4) Bloomberg
Sun Life Financial reports second quarter 2008 results SunHerald.com
all 62 news articles

Term insurance covers loans
Economic Times, India - 13 hours ago
Aterm life insurance policy is a pure life insurance policy. There are no investment benefits attached to this policy . This is the cheapest form of …

Sun Life Financial reports second quarter 2008 results - MarketWatch (Life Insurance News)

tedthedj — Sun, 03 Aug 2008 14:30:06 +0000

Life Insurance - Make informed decisions
Mangalorean.com, India - 13 hours ago
Many people have conventionally bought life insurance plans mainly for investments, tax benefits and the life cover they offer. No one bothered much about …

Insurer John Hancock to cut 2 subsidiaries
Boston Globe, United States - Jul 31, 2008
The company wants to merge John Hancock Life Insurance Co. and John Hancock Variable Life Insurance Co. into John Hancock Life Insurance Co. …
VP: No layoffs in Hancock consolidation Boston Herald
John Hancock Joins LifePlans, Inc. and the Department of Health … MarketWatch
all 38 news articles