Limra: Universal Life Only Midyear Individual Life Premium to Increase: Universal life was the only individual life insurance product to generate more new premium during the first half of 2008. Variable life insurance products saw ...
Date: 9/5/2008 Source: BestWire
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BestWeek: Though Industry Balance Sheets Are Healthy, Challenges Abound, Best's Special Report Says: The global reinsurance sector should remain profitable in 2008, though A.M. Best believes results will reflect more accurately market trends as margins are ...
Date: 9/5/2008 Source: BestWire
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Gustav’s Winds are Felt, With Some Relief, in London: As seen from London, Hurricane Gustav, which hit the U.S. Gulf Coast last week, offered some relief to insurers in that it failed to live up to predictions of ...
Date: 9/5/2008 Source: BestWire
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California Bill Would Make State the Largest, Latest to Act on STOLI: The California legislature passed a bill that would make the most populous state the latest to take action to rein in stranger-originated life insurance ...
Date: 9/4/2008 Source: BestWire
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Study Finds Women May Be Making 'Misguided' Investment Decisions: Women live longer than men and need to save enough money to finance those added retirement years, according to a study by two professors.
But, they ...
Date: 9/4/2008 Source: BestWire
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Daybook for Friday, Sept. 5, 2008: Rendez-Vous de Septembre Comes to Monaco: The Rendez-Vous de Septembre, the annual summit of global insurers, reinsurers and brokers, opens at the Place du Casino in Monte Carlo, Monaco. The conference ...
Date: 9/4/2008 Source: BestWire
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A.M. Best Affirms Ratings of TIAA: A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of “aaa” of Teachers Insurance and Annuity ...
Date: 9/4/2008 Source: BestWire
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Manulife Launches Medical Policy for Coverage Until Age 100: Manulife International Ltd. rolled out the first medical insurance policy to cover benefits until the age of 100 in Hong Kong, where an aging population is ...
Date: 9/4/2008 Source: BestWire
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U.K.'s Friends Provident Seeks to Expand Insurance Business in Asia: U.K.-based life insurer Friends Provident plc is looking for "lots of business opportunities" in Asia, with a focus on Hong Kong and Singapore markets, said ...
Date: 9/4/2008 Source: BestWire
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San Diego to Host Annual NAPSLO Convention: The following North American meetings will take place the week of Sept. 7:
— The Society of Actuaries meets for a product tax issues conference Sept. ...
Date: 9/3/2008 Source: BestWire
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Ireland's Insurance Regulator Reports Fall in 2007 Insurance Net Underwriting Profit: Insurance companies operating in Ireland produced an overall net underwriting profit of 704 million euros (572.7 million pounds) in 2007, down from 718 million ...
Date: 9/3/2008 Source: BestWire
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A.M. Best Special Report: Life Insurers Saw Modest Boost in 2007 Liquidity, Model Shows: U.S. life insurers’ liquidity improved slightly in 2007, based on results from A.M. Best Co.’s Liquidity Model (AMBLM). For 2007, the average short ratio was ...
Date: 9/2/2008 Source: BestWire
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Great Wall Life Approved for Tianjin Branch: Great Wall Life Insurance Co. Ltd., a Beijing-based life and nonlife insurer, was granted permission to open a branch in the northeastern city of ...
Date: 9/2/2008 Source: BestWire
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Manulife-Sinochem Won the Approval of Reinsurance Operations: Manulife-Sinochem Life Insurance Co. Ltd., the first Sino-foreign life insurance joint venture in China, won approval to operate reinsurance businesses with ...
Date: 9/2/2008 Source: BestWire
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AIG's Star Life and Edison Life Merge in Japan: American International Group Inc. confirmed the merger of its two Japanese subsidiaries AIG Star Life Insurance Co. and AIG Edison Life Insurance Co. in Tokyo, ...
Date: 9/2/2008 Source: BestWire
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Credit-Related Losses, Impairments Take Toll on U.S. Life Insurers' 2Q Results: In a seemingly never-ending trend, credit-related losses, impairments and weak equity markets took their toll on U.S. life insurers' second-quarter 2008 ...
Date: 9/2/2008 Source: BestWire
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China’s First Small Amount Life Insurance Coverage in Rural Areas Signed in Sichuan: Taikang Life Insurance Company Ltd., a Beijing-based life insurer, signed a contract with a farmer through its Guang-an branch in Sichuan province, marking the ...
Date: 9/1/2008 Source: BestWire
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China Insurance Seeks Expansion as First-Half Profit Falls 21.95%: China Insurance International Holdings Co. Ltd., an insurance conglomerate incorporated and headquartered in Hong Kong, said its unaudited first-half net ...
Date: 9/1/2008 Source: BestWire
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PWC: Soft Reinsurance Market Gives Leverage to Brokers: The continuation of the soft reinsurance market is giving increasing leverage to brokers in shaping deals for clients.
That assessment comes from ...
Date: 9/1/2008 Source: BestWire
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New Directions:
Government statistics show that disability insurance covers about half the workers in the United States, roughly the same amount as in 1986.
That means ...
Date: 9/1/2008 Source: Best's Review
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