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11/11/2008 News For: Guaranteed Life Insurance In KsBoB likely to start life insurance biz early next fiscal State-run Bank of Baroda has said its life insurance venture with the UK-based Legal and General Group is expected to start business in the first quarter of the next fiscal. 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. TM Asia bundles insurance with bereavement product JAPANESE life insurance company TM Asia Life Malaysia Bhd, in collaboration with bereavement provider Nian En Memorial Park Sdn Bhd, yesterday launched bereavement product packaged with TM Asia Life Single Premium Investment-Linked plan. National Western Life reports net loss in Q3 National Western Life Insurance Company has reported consolidated net losses of $9.8 million or $2.78 per diluted class A share for the third quarter of 2008, compared with consolidated net earnings of $15.6 million, or $4.38 per diluted class A share, reported for the third quarter of 2007. Friends Provident to buy 49% of AmAssurance KUALA LUMPUR: Friends Provident plc is set to buy a 49% stake in AmAssurance Bhd. The deal would see AmAssurance gain a partner that would help it grow the life insurance side of AMMB Holdings Bhd?s business. Norwich Union legal staff facing costs cull Norwich Union is to radically overhaul the legal team of its life insurance business, slashing 20 per cent of its annual budget. ... Ameritas Group Offers Cosmetic Dental Benefits for Professional Services Such as Tooth Whitening LINCOLN, Neb.----Ameritas Group, a division of Ameritas Life Insurance Corp., a UNIFI company, answers the growing demand for benefits toward professional tooth bleaching and tooth-color composite fillings on molars. AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one. Farmer accused of murdering wife to claim insurance FWi A farmer killed his wife in an attempt to claim ?400,000 in life insurance to fund an extravagant lifestyle with his lover, a court has been told. |


