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The following articles cover the Life/Health market as followed by our Best's Review and BestWeek publications. Best's Review and BestWeek subscribers receive complete access to those respective articles. Visit our NewsRoom for complete archives and advanced search features.


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Manulife Seeks Dual-Track Growth in Vietnam's Urban and Rural Areas: Both urban and rural areas of Vietnam offer growth prospects, as the country's insurance sector enters its second decade of development, according to Manulife ...
Date: 2/9/2010    Source: BestWire
China Cinda Asset Management Pursues Concurrent-Business Insurance Agency License: Beijing-based China Cinda Asset Management Corp. won approval to apply for a concurrent-business insurance agency license, said the China Insurance Regulatory ...
Date: 2/9/2010    Source: BestWire
Update: Generali, Qatar Islamic Bank and Beema to Establish Takaful Joint Venture: (Clarifies that the operating base of Beema Co. Ltd. is Doha, Qatar.) Italian insurance group Assicurazioni Generali S.p.A. [85071] said it is ...
Date: 2/9/2010    Source: BestWire
ACLI: Ban Life Settlement Securities to Prevent STOLI Abuse: The life insurance industry has come out strongly against securitizing life settlements, with a newly expressed policy from the American Council of Life ...
Date: 2/8/2010    Source: BestWire
A.M. Best Special Report: Life Insurers Take Stock and Lay Groundwork for Recovery: The life insurance industry so far has survived the financial crisis—bruised certainly—but generally healthier than its financial services peers. The ...
Date: 2/8/2010    Source: BestWire
Hartford Benefits Sales Rep Puts 'Survivor' Skills Back in Action: In 2005, Tom Westman endured rigorous physical challenges and mentally taxing tribal councils to become the last man standing on "Survivor: Palau." Now the ...
Date: 2/8/2010    Source: BestWire
Nationwide to Pay $2.1 Million to Settle Annuity Suitability Concerns: Two Nationwide insurance affiliates agreed to pay $2.1 million in penalties to five states and refund customers an undisclosed amount to settle allegations ...
Date: 2/5/2010    Source: BestWire
Pickens, OSU's Athletics Fund-Raising Arm, Sue Lincoln National Over Insurance Program: Cowboy Athletics, the fund-raising foundation of Oklahoma State University's athletics department, and billionaire financier T. Boone Pickens have sued Lincoln ...
Date: 2/5/2010    Source: BestWire
AIG Star Teams Up With Orix for Annuity Business in Japan: AIG Star Life Insurance Co. Ltd. [85459], a life insurance subsidiary of American International Group Inc., formed a business alliance with Orix Corp. to sell ...
Date: 2/5/2010    Source: BestWire
China's Regulator Approves Launch of Anbang Life: The China Insurance Regulatory Commission approved the establishment of Anbang Life Insurance Co. Ltd. in Beijing, with registered capital of 500 million yuan ...
Date: 2/4/2010    Source: BestWire
Labor, Treasury Departments Study Benefit of Annuities for Retirement Security: The U.S. departments of Labor and the Treasury are seeking public comments on the possibility of enhancing retirement security through use of annuities -- an ...
Date: 2/3/2010    Source: BestWire
MetLife Posts 70% Drop in 4Q Profit, Confirms Discussions to Buy AIG's ALICO Unit: As MetLife Inc. swung to a fourth-quarter profit after three consecutive quarterly net losses, it confirmed it's in discussions to possibly acquire an ...
Date: 2/3/2010    Source: BestWire
South Korea's Kumho Life and Two Executives Sanctioned for Risky Investment Losses: Kumho Life Insurance Co. Ltd. [78494] and its two top executives have been penalized by South Korea's financial regulator for incurring 280 billion won ...
Date: 2/3/2010    Source: BestWire
Standard Life's 2009 Sales Beat Market Expectations: Standard Life plc said its life insurance and pensions inflows for 2009 rose 57% as a strong performance in the U.K. market offset declines in Europe. The ...
Date: 2/3/2010    Source: BestWire
Aegon Sells Dutch Funeral Insurance Unit as Part of Strategic Realignment: Dutch financial services group Aegon N.V. said it is selling its funeral insurance business in the Netherlands to Egeria, a Dutch investment firm, for 212 ...
Date: 2/3/2010    Source: BestWire
Insurers Critical of Several Obama Budget Proposals for 2011: Insurance industry associations have been looking over the details of President Barack Obama's 2011 budget proposal and not liking everything they find -- from ...
Date: 2/2/2010    Source: BestWire
MetLife on Track to Merge Two Joint Ventures in China: MetLife Inc. said China insurance regulators have given preliminary approval for Capital Airports Holding Co. to transfer all of its equity interest in ...
Date: 2/2/2010    Source: BestWire
Allianz Accelerates China Growth With New Subsidiary License: With a newly attained subsidiary license in China, Allianz Insurance said its next moves in the country will include retail business expansion and maintaining ...
Date: 2/2/2010    Source: BestWire
Munich Re: Premium Growth, Lower Nat Cat Losses Boosted 2009 Results: Munich Re said a preliminary look at its 2009 results show a 62% rise in consolidated profit, to 2.56 billion euros on a 10% rise in gross premiums and ...
Date: 2/2/2010    Source: BestWire
Zurich Looks for Further Gains in Hong Kong Life Market: Zurich Insurance Group (Hong Kong) intends to generate an extra 20% in life insurance business from the domestic agency force channel in Hong Kong with its ...
Date: 2/2/2010    Source: BestWire
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