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News For: health care life InsuranceOnly 10% Indians have life cover 2% health study New Delhi, Sep 21 UNI Only around 10 per cent of Indians had life insurance and two per cent health insurance cover in 2007, a study says. Life insurance How much life insurance cover do you need if you are a working or self-employed professional? What factors decide the optimum life insurance that an individual must have? Sale of Topeka Life Insurance Company Postponed Overland Park-based Brooke Capital Corporation's pending sale of a Topeka based life insurance company has been put on hold. First American Life, which is a Brooke Corporation subsidiary, was set to be sold to First Trinity Financial Corporation, based out of Tulsa. HealthMarkets announces management changes HealthMarkets, a provider of health and life insurance products, has announced the resignation of David Fields to his position as the president and COO of the company. Phillip Hildebrand has been appointed as the new president in addition to his current role as the CEO of the company. Citizens buys Osark National Life for $8 million AUSTIN, Texas Insurance holding company Citizens Inc. said Monday it will acquire Ozark National Life Insurance Co. for about $8 million to help expand its pre-need and final expense business, which focuses on funeral arrangements. Citizens Inc. Buys Ozark National Life of Little Rock Citizens Inc. of Austin, Texas announced Monday that it has reached an agreement to buy Ozark National Life Insurance Co. of Little Rock for $58.06 per share, a deal that is expected to close during the fourth quarter. Head of AIG's Singapore life insurance unit resigns SINGAPORE Reuters���The Singapore head of AIA, the life insurance unit of American International Group, quit on Thursday, the city-state's central bank said. 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 ... 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 ... 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. |


