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11/11/2008 News For: Brandeis California Life Insurance(AFX UK Focus) 2008-11-12 01:33 China Life sees investment opportunities overseas SHANGHAI, Nov 12 Reuters - China Life Insurance Co sees investment opportunities emerging overseas as foreign governments act to resolve the global credit crisis, newspapers quoted a senior company official as saying. Chief investment officer Liu Lefei was quoted by China Business News on Wednesday as saying China's biggest life insurer would cautiously but actively seek chances to buy foreign ... Life Insurers Fall On Goldman Downgrade Life Insurers Fall On Goldman Downgrade Genworth Financial shares plunge on downgrade Shares of Genworth Financial Inc. sank to the stock's all-time low Tuesday, a day after Moody's Investors Service cut one of the insurance company's credit ratings and downgraded the financial strength of its life insurance subsidiary. Farmer accused of murdering his wife 'vowed he'd marry me', says secret lover A debt-ridden farmer promised to marry his secret lover weeks before murdering his wife for a ?400,000 life insurance payout by running her over with his tractor, a court has heard. Regulators issue draft revision to capital requirements for life insurance cos. Canadian insurance regulators are proposing to revise their approach to setting capital requirements for the life insurance industry ahead of a new capital adequacy framework. Authority may ease rules for insurers Regulators aim to help both life and non life insurers keep afloat by reducting the minimum insurance fund they need to maintain amid tight liquidity caused by the global financial crisis.... Prudential, Hartford Drop as Goldman Is First to Say `Sell' Nov. 11 -- Prudential Financial Inc ., the No. 2 U.S. life insurer, and Hartford Financial Services Group Inc. dropped in New York trading on concern that investment losses and falling stock markets will force the companies to raise capital. AIG aims to sell Taiwan insurance unit in Q1 American International Group Inc is aiming to sell its 95 per cent stake in Taiwan life insurer Nan Shan Life, in a deal that local media estimated would be worth $2-2.5 billion. ProLogis Closes $80 Million Portfolio Financing for ProLogis North American Industrial Fund ProLogis , a leading global provider of distribution facilities and services, announced today that it has closed an $80 million, secured financing with a North American life insurance company on behalf of an affiliate of ProLogis North American Industrial Fund . Prudential Halves Dividend After Third-Quarter Loss (Update1) Nov. 11 -- Prudential Financial Inc. , the second-biggest U.S. life insurer, halved its annual dividend after posting a third-quarter loss. |