Glossary Life Insurance

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11/11/2008 News For:

Glossary Life Insurance

MIB Life Index Reports North American Life Insurance Activity Off 1.8% in October   North American application activity for individually underwritten life insurance was down -1.8% in October year-over-year, according to the MIB Life Index. Year to date U.S. and Canadian activity remained stable off -1.9%, compared to the same ten months last year.

Aviva Life ties-up with Anagram Stockbroking Ltd  Indore, Nov 11: Aviva Life Insurance, today, announced their distribution tie-up with Anagram Stockbroking Ltd, one of India's leading stockbroking firms for the sale of life insurance products.

CNP Owners Back Cash Bid for Natixis Insurance Unit, Echos Says  Nov. 10 -- CNP Assurances SA, France's largest life insurer, has the support of its shareholders for a cash bid for the insurance unit of Natixis SA, Les Echos reported, citing an unidentified person.

(AFX UK Focus) 2008-11-10 01:09 AIG plans to sell Taiwan insurance unit for $2-2.5 bln-paper  TAIPEI, Nov 10 Reuters - American International Group Inc is planning to sell its Taiwan life insurance unit for US$2-2.5 billion, the Economic Daily reported on Monday.

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.

UPDATE 2-Goldman bearish on US life insurers  Nov 11 Reuters - Shares of all major U.S. life insurers fell sharply in afternoon trade, after Goldman Sachs analyst Chris Neczypor assumed coverage of the sector with a bearish view, saying the segment will see asset deterioration in the next 12 to 18 months and needs to raise more capital.

Financial climate slowing sale of AIG's Japan assets: report  The weakened balance sheets of prospective buyers is hampering American International Group's planned sale of three Japanese life insurance companies, according to a published report.

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....

Trao 60 su?t h?c b?ng cho sinh vi?n ngh?o v??t kh?  Ng?y 10.11 t?i H? N?i, Cty B?o hi?m Nh?n th? Cathay VN t? ch?c CT "H?c b?ng Cathay Life Insurance 2008" cho 60 sinh vi?n v??t kh? h?c gi?i t?i 11 tr??ng ??i h?c ? H? N?i v? TPHCM, v?i t?ng tr? gi? 120 tri?u ??ng.

Prudential, Hartford Drop; Goldman First to Say Sell (Update1)  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.