Posts Tagged ‘Life Insurance’

RBC Searches for a Buyer for Life Insurance Unit

Wednesday, August 11th, 2010

RBC Searches for a Buyer for Life Insurance Unit

Royal Bank of Canada is looking for a buyer for its U.S. insurance unit, Liberty Life Insurance Co., Bloomberg News reported on Tuesday.

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RBC Searches for a Buyer for Life Insurance Unit

New York Life Sees 47% Rise in Life Insurance Sales in First Half of 2010

Wednesday, August 11th, 2010

New York Life Sees 47% Rise in Life Insurance Sales in First Half of 2010

NEW YORK–(BUSINESS WIRE)–New York Life Insurance Company, Americas largest mutual life insurer, today announced strong gains in sales of life insurance, income annuities, long-term care insurance, and mutual funds, as well as an increase in the field force for the first six months of 2010. Surging Life Insurance Sales Individual life insurance sales increased 47% through June, compared to an …

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New York Life Sees 47% Rise in Life Insurance Sales in First Half of 2010

Dai-ichi Life Profit Falls 65% as Market Decline Increases Loss Provisions

Wednesday, August 11th, 2010

Dai-ichi Life Profit Falls 65% as Market Decline Increases Loss Provisions

Dai-ichi Life Insurance Co. , Japans second-largest insurer, said first-quarter profit fell 65 percent as provisions against losses on variable annuity products increased amid declines in markets.

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Dai-ichi Life Profit Falls 65% as Market Decline Increases Loss Provisions

Munich Re Plans to Form Life Insurance Venture in India, Chaudhuri Says

Wednesday, August 11th, 2010

Munich Re Plans to Form Life Insurance Venture in India, Chaudhuri Says

Munich Re, the worlds biggest reinsurer, plans to form a life insurance venture in India, Sanjib Chaudhuri, the German companys chief representative in the South Asian country, said in New Delhi today.

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Munich Re Plans to Form Life Insurance Venture in India, Chaudhuri Says

Prudential Fin’l payouts to veterans OK in New Jersey: report

Tuesday, August 10th, 2010

Prudential Fin’l payouts to veterans OK in New Jersey: report

A New Jersey insurance regulator has concluded that Prudential Financial Inc properly handled life-insurance benefits in a controversial matter involving a U.S. soldier killed in Afghanistan, the Wall Street Journal said on Tuesday.

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Prudential Fin’l payouts to veterans OK in New Jersey: report

HM Life Insurance Company Named to Ward’s 50 Top-Performing Life and Health Insurers

Tuesday, August 10th, 2010

HM Life Insurance Company Named to Ward’s 50 Top-Performing Life and Health Insurers

For the second consecutive year, HM Life Insurance Company was named to the list of Ward’s 50 top performing insurance companies. Such recognition indicates financial stability and the ability to grow while maintaining strong capital positions and underwriting results.

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HM Life Insurance Company Named to Ward’s 50 Top-Performing Life and Health Insurers

Research and Markets: US Life Insurance Sector: Sector Report

Tuesday, August 10th, 2010

Research and Markets: US Life Insurance Sector: Sector Report

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/a1b57b/us_life_insurance) has announced the addition of the “US Life Insurance Sector: Sector Report” report to their offering. This industry profile is an essential tool to help your company gain an in-depth knowledge and competitive advantage in the industry. The profile is an …

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Research and Markets: US Life Insurance Sector: Sector Report

Govt’s life insurance is extended until Dec. 31, 2010

Tuesday, August 10th, 2010

Govt’s life insurance is extended until Dec. 31, 2010

Albeit temporarily, government employees and retirees can heave a sigh of relief following the extension of their existing life insurance coverage with Individual Assurance Company to Dec. 31, 2010.

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Govt’s life insurance is extended until Dec. 31, 2010

South Korea’s Kyobo Life Insurance to Raise Bets on U.S. Leveraged Loans

Monday, August 9th, 2010

South Korea’s Kyobo Life Insurance to Raise Bets on U.S. Leveraged Loans

Kyobo Life Insurance Co. , South Koreas third largest, plans to increase investments in U.S. leveraged loans on a bet that yields overstate the risks of corporate default.

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South Korea’s Kyobo Life Insurance to Raise Bets on U.S. Leveraged Loans

Northwestern Mutual Sees Dramatic Increase in Permanent Life Insurance Sales in 2010

Monday, August 9th, 2010

Northwestern Mutual Sees Dramatic Increase in Permanent Life Insurance Sales in 2010

MILWAUKEE–(BUSINESS WIRE)–Northwestern Mutual, the nations #1 direct provider of individual life insurance1, announced today that 2010 has been a landmark year for the companys permanent life insurance product. From January through July, the number of new policies purchased increased more than 23% over the same time period in 2009. In addition, Northwestern Mutual is up more than 14% for …

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Northwestern Mutual Sees Dramatic Increase in Permanent Life Insurance Sales in 2010