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News For: Allied Life Insurance QuotesRel Life to start insurance plans for remote UP areas In order to tap the huge emerging markets in the country, Anil Dhirubhai Ambani Group firm Reliance Life Insurance is working on introducing new payment modes for the rural populace who have a smaller premium paying capacity. The company is studying whether the mode of payment could be on a daily or weekly basis. Report: Men have more life insurance than women In many cases, the man of the house has more life insurance than the female, which could be a huge mistake, according to recent studies compiled by Massachusetts Mutual Life Insurance Co. A.M. Best Affirms Ratings of Aviva USA Corporation's Life Insurance Subsidiaries OLDWICK, N.J.----A.M. Best Co. has affirmed the financial strength rating of A+ and issuer credit ratings of "aa-" of Aviva Life and Annuity Company , American Investors Life Insurance Company, Inc. , Indianapolis Life Insurance Company , Aviva Life Insurance Company and Aviva Life and Annuity Company of New York , all life insurance subsidiaries of Aviva USA Corporation , which is a wholly ... Americans fear for their life insurance after financial turmoil Americans who have ploughed their savings into life insurance and annuity-linked pension funds were running scared on Wednesday as financial titans collapsed around them. Aegon slashes costs of unit-linked insurance in Netherlands Aegon, a life insurance and pension group, has announced that it will reduce the costs of its unit-linked insurance policies sold in the Netherlands. Best downgrades life sector to negative OLDWICK, N.J.���A.M. Best Co. has revised its rating outlook for the U.S. life insurance industry to negative from stable, expecting more downgrades and negative outlooks than upgrades and positive outlooks for U.S. life, annuity and health companies in the near to medium future. AccuQuote Advises Policyholders on What to Expect as a Result of The Federal Reserve's Loan To American International ... AccuQuote.com, a leading provider of term life insurance quotes to people across the United States, advises policyholders on what to expect as a result of the Federal Reserve's bridge loan to American International Group's AIG for $85 billion. PRWeb Sep 18, 2008 Read the full story at http://www.prweb.com/releases/AIG/Policyholders/prweb1353004.htm Business Quick Take American International Group���s AIG Taiwanese life insurance unit said customers terminated about NT$20 million US$624,025 in policies this week after the New York-based company agreed to give up a 79.9 percent stake in return for a bailout. AIG Philam Savings Bank has no exposure to US mortgage market AIG Philam Savings Bank Inc., a thrift and savings bank affiliated with Philippine American Life Insurance Co. Philamlife, has reiterated that it does not have any exposure to the collapsed US investment bank Lehman Brothers. A.M. Best Revises Rating Outlook of U.S. Life/Health Companies to Negative The severe dislocation in the capital markets, fueled most recently by the bankruptcy filing of Lehman Brothers Holdings Inc. and liquidity concerns at high-profile financial institutions, such as American International Group, Inc. New York, NY, has prompted A.M. Best Co. to revise its rating outlook for the U.S. life insurance industry to negative from stable. This means that, in the near to ... |