Farmers Exec: PGA Tour Event Sponsorship Lifts Company's Business Insurance Profile: With automaker Buick in bankruptcy and only 10 days until the first round in late January of an annual golf tournament at Torrey Pines Golf Club, the PGA Tour ...
Date: 3/17/2010 Source: BestWire
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Hartford's Plan: Sell Stock, Debt to Repay TARP Funds: After landing the job as head of Hartford Financial Services Group Inc., Liam E. McGee set his sights on repaying the federal government the $3.4 billion the ...
Date: 3/17/2010 Source: BestWire
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Korea Life Launches IPO With an Eye on Domestic Growth: South Korea's second-largest life insurer, Korea Life Insurance Co. Ltd. [085065], launched its initial public offering on the South Korea Stock Exchange to ...
Date: 3/17/2010 Source: BestWire
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In Hong Kong, Most Insurance Lines Show Gains in 2009: In 2009, the Hong Kong insurance market recorded growth in general insurance and non-linked individual life and annuity lines, while linked individual life and ...
Date: 3/17/2010 Source: BestWire
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Lincoln National's Financial Chief to Transition to Newly Created Position: U.S. life insurer Lincoln National Corp. said Chief Financial Officer Frederick J. Crawford will take on a newly created position as executive vice president ...
Date: 3/16/2010 Source: BestWire
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Update: Prudential Becomes Top U.S. Seller of Variable Annuities in 2009: (Corrects fourth-quarter industrywide sales to show 4.2% decline from same period a year ago.)
For the first time ever, Prudential Financial Inc. in ...
Date: 3/16/2010 Source: BestWire
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Prudential Becomes Top U.S. Seller of Variable Annuities in 2009: For the first time ever, Prudential Financial Inc. in 2009 became the No. 1 seller of variable annuities in the United States, according to Morningstar. ...
Date: 3/16/2010 Source: BestWire
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China Post Life Launches Rural Individual Life Microinsurance Pilot Program: China Post Life Insurance Co. Ltd. won approval to start a pilot program for rural individual life microinsurance, said the China Insurance Regulatory ...
Date: 3/16/2010 Source: BestWire
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AIG Divestitures Cap a Transformative Era in Asian Life Markets: The pending acquisitions of American International Group Inc.'s [058702] major life insurance units by other players will remake Asia's life market in profound ...
Date: 3/16/2010 Source: BestWire
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Domestic Interests Stall Foreign Direct Investment Reform in India: India's long-awaited foreign direct investment legislation, which would increase the maximum shareholding permitted for foreign insurers in an insurance ...
Date: 3/16/2010 Source: BestWire
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N.Y. Court Dismisses Lincoln Life & Annuity's $5 Million Rescission Suit: A New York state court rejected Lincoln Life & Annuity Company of New York's attempt to rescind a $5 million dollar life insurance policy, ruling the company ...
Date: 3/15/2010 Source: BestWire
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AIG Sale of Life Units to Enrich US Federal Coffers: With American International Group Inc.'s sales of AIA Group to Prudential plc and American Life Insurance Co. to MetLife, AIG says it is on track to ...
Date: 3/15/2010 Source: BestWire
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China Life (Overseas) Forms Partnership With Hong Kong Television Company: China Life Insurance (Overseas) Co. Ltd., a subsidiary of China Life Insurance (Group) Co. [052446] that operates in Hong Kong and Macau, has formed a ...
Date: 3/15/2010 Source: BestWire
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Taiwan's Initial Review of Nan Shan Buyers Shows No Funding From China: The pending sale of American International Group Inc.'s [058702] Taiwan life insurance unit to a Hong Kong-based consortium has made little progress with ...
Date: 3/15/2010 Source: BestWire
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Western Insurers Ride Out the Economic Turbulence in Central and Eastern Europe: A number of Western European insurers have been looking at Central and Eastern Europe as a promising emerging market as they seek to spread beyond their own ...
Date: 3/15/2010 Source: BestWire
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Worries Mount Over Solvency II's Impact on Europe's Insurers: As the European Union pushes for implementation of its Solvency II capital adequacy standards for insurers by 2012, concerns are mounting that European ...
Date: 3/15/2010 Source: BestWire
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Update: Presidential Life Swings to 4Q Profit; Says Former CEO May Start Proxy Contest: (This corrects the headline from a previous version.)
Presidential Life Corp. swung to a fourth-quarter profit, and the company disclosed its former ...
Date: 3/12/2010 Source: BestWire
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Presidential Life Swings to 4Q Profit; Says Former CEO Plans Another Consent Solicitation: Presidential Life Corp. swung to a fourth-quarter profit, and the company disclosed its former chief executive officer plans to nominate, for election at the ...
Date: 3/12/2010 Source: BestWire
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D.C. Rescinds 35% Rate Hike for CareFirst BlueCross BlueShield: The insurance regulator for the District of Columbia has rescinded a 35% premium rate increase it approved for CareFirst BlueCross BlueShield's comprehensive ...
Date: 3/12/2010 Source: BestWire
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China's Regulator Approves Shareholder Change for Skandia-BSAM Life: The China Insurance Regulatory Commission said it cleared Beijing State-owned Assets Management Co. Ltd. to transfer its 50% stake in Skandia-BSAM Life ...
Date: 3/12/2010 Source: BestWire
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