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AIG's Singapore life insurance unit head resigns  SINGAPORE, Sept 19 Reuters - The Singapore head of AIA, the life insurance unit of American International Group , quit on Thursday, the city-state's central bank said.

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.

Reliance Life Insurance's income up 152 percent  Lucknow: Reliance Life Insurance RLIC, part of the Anil Dhirubhai Ambani Group ADAG, Thursday said its premium income has grown by 152 percent during April-July this fiscal, in sharp contrast to the overall life insurance industry growth of 1.6 percent during the same period.

14% growth in life insurance  THE South African life insurance industry grew 14% in the first half of the year, the Life Offices’ Association LOA said yesterday. Total premium and investment income increased to more than R124 billion from R108.4bn in the same period last year.

AIG India insurance ventures well capitalised-firm  NEW DELHI, Sept 18 Reuters - A life insurance venture between India's Tata Group and American International Group said it is well capitalised and does not expect any material impact from the turmoil in global financial markets.

Northwestern Mutual S&P credit rating unchanged by Lehman exposure  Standard & Poor’s said Friday its top-level credit rating for Northwestern Mutual Life Insurance Co. is unaffected by the Milwaukee-based insurer’s guarantee of Lehman Brothers Holdings Inc. credits in the portfolios of some money-market fu...

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 yesterday as financial titans collapsed around them.

(AFX UK Focus) 2008-09-19 13:15 Finnish insurers' Lehman, AIG risks minor-watchdog  HELSINKI, Sept 19 Reuters - Finnish insurance companies have only minor exposure to risks created by troubled U.S.-based financial sector firms Lehman Brothers and AIG, the industry regulator said on Friday. Property & casualty P&C insurance companies' exposure is about 10 million euros $14.5 million and life insurers about 20 million euros, the insurance Supervisory Authority said in a ...

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