Keymen Insurance Life Insurance

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11/11/2008 News For:

Keymen Insurance Life Insurance

BoB 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.

China Life to Invest in Unlisted Banks, Securities News Says  Nov. 12 -- China Life Insurance Co. has targeted to invest in closely-held banks and infrastructure projects, Shanghai Securities News reported, citing Liu Lefei , the company's chief investment officer.

(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.

Ahead of the Bell: Life Insurers  NEW YORK Goldman Sachs Group Inc. changed its view on the life insurance sector to "Cautious" from "Neutral" Tuesday because it expects asset deterioration to continue.

New York Life Opts Out of Capital Program  New York Life Insurance Co. announced Thursday that it will not participate in the Treasury Department's Capital Purchase Program.

TowerGroup: Life Insurance Industry Must Shift Product Mix, Adjust Distribution and Focus on Cost Containment During ...   NEEDHAM, Mass.----Although the U.S. life insurance industry is not as deeply impacted by the current economic crisis as other segments of the financial services industry, the interconnectedness of banks, asset managers, brokerage firms, and insurers themselves means it is not immune.

Rappahannock National Bank to Offer Customers MyTerm(SM), Internet-Based Term Life Insurance Through Its Affiliation ...   NEWARK, N.J.----Prudential Financial, Inc. today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a new simplified issue term life insurance policy available through the Internet to customers of Rappahannock National Bank.

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....

ProLogis Closes $80 Million Portfolio Financing for ProLogis North American Industrial Fund   ProLogis , a leading global provider of distribution facilities and services, announced today that it has closed an $80 million, secured financing with a North American life insurance company on behalf of an affiliate of ProLogis North American Industrial Fund .