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Tag Archives: life

Life Doesn’t Have to Be So Complicated

BusinessWire – This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection. As

Life Partners declares special dividend

WACO, Texas – Life Partners Holdings Inc. has declared a special cash dividend of 25 cents, the life insurance company said Friday. The special dividend will be paid on, or about, Oct. 29 to shareholders of record Oct. 15. The company’s next quarterly

AIG appoints banks to float AIA in Hong Kong

The New York-based insurance giant has appointed the bookrunners to raise a target of $15bn (9.75bn) from listing AIA Group, the life insurance division that the UK’s Prudential failed to buy earlier

AIG files application to list AIA – source

Inc has filed an application with the Hong Kong Stock Exchange seeking approval to list its Asian life insurance business, AIA Group Ltd, a source familiar with the matter told Reuters on Thursday

Presidential Life Appoints Duncan Szeto as Chief…

Life Corporation (Nasdaq:PLFE) named Duncan Szeto as the new Chief Actuary of its operating subsidiary, Presidential Life Insurance Company (‘Presidential Life’), effective August 18, 2010. Mr. Szeto replaces Jerrold Scher who has stepped down for

SBI Life launches two new ULIPs products

NEW DELHI: Private insurer SBI Life today launched two Unit-Linked Life Insurance Policies (ULIPs), which comply with the new IRDA guidelines that will become effective from tomorrow. “SBI Life has launched Smart Performer and Unit Plus Super… In

UPDATE 1-Irish Life shrinks H1 loss; confirms EBS bid

7:34am BST * Recovery in life insurance business boosts performance * Bank expected to continue to post losses in H2 * Confirms bid for EBS (Adds detail) DUBLIN, Aug 31 (Reuters) – Bancassurer Irish Life & Permanent

FACTBOX-AIG’s Taiwan unit Nan Shan Life

it attracted. — Nan Shan is Taiwan’s No.3 life insurer by market share, behind the life insurance units of financial holding firms Cathay Financial (2882.TW — Founded in 1963, Nan Shan has 4 million policyholders, or about one-sixth of Taiwan’s 23

UPDATE 1-French PM eyes life insurance in tax break…

The move on life insurance, a popular savings product that has long thrived in France due to favourable tax treatment, was announced by Prime Minister Francois Fillon on Monday. “There are going to be a

Axa Says Probe Reveals Need for Federal Oversight

subject of a fraud investigation, shows the need for federal oversight of the industry in the U.S. Insurance assets do have guarantees, but the guarantees are state by state, Christopher Condron, chief executive officer of Axa Equitable Life Insurance