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News For: Jefferson Pilot Optipoint AnnuityBest downgrades life sector to negative OLDWICK, N.J.���A.M. Best Co. has revised its rating outlook for the U.S. life insurance industry to negative from stable, expecting more downgrades and negative outlooks than upgrades and positive outlooks for U.S. life, annuity and health companies in the near to medium future. Kenya: Pan Africa Launches Annuity Pan Africa Life Assurance Limited has joined the annuity market in the wake of the growing competition in the insurance industry. Sibos news: SWIFT Signs Agreement to Establish a Shared Platform for Electronic Data Transmission ACORD, Swiss Re, ... The Society for Worldwide Interbank Financial Telecommunication, SWIFT, signed an agreement with major industry players to establish a shared platform for electronic data transmission. By spring 2009, the group will launch and begin to pilot the central platform for electronic data transmission. |