Life Insurance Senior Specials

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10/22/2008 News For:

Life Insurance Senior Specials

Insurance firms buffeted by strong economic headwinds  Ukraine?s life insurance market is still in its infancy, with less than 5 percent of the population buying such policies ? very low by Western standards.

Protective Life and West Coast Life Introduce New Survivorship Universal Life Products  Protective Life Insurance Company NYSE:PL and West Coast Life Insurance Company announced the release

Fitch Downgrades Genworth's IDR to 'A-'; Life IFS to 'A+'; Outlook Negative   CHICAGO----Fitch Ratings has downgraded Genworth Financial, Inc.'s Issuer Default Rating to 'A-' from 'A+' and primary life insurance subsidiary Insurer Financial Strength ratings to 'A+' from 'AA-'.

Nippon Life to Boost Overseas Bond Holdings as Yen Strengthens  Oct. 21 -- Nippon Life Insurance Co. , Japan's biggest life insurer, will boost overseas bond holdings by 300 billion yen $2.9 billion in the fiscal second half while cutting those with currency hedges as the yen strengthens.

(AFX UK Focus) 2008-10-21 10:06 Bank of Beijing eyes buying into ING insurance JV  SHANGHAI, Oct 21 Reuters - Bank of Bejing, 16 percent owned by ING Groep NV, said on Tuesday it is in talks to buy a 50 percent stake in one of ING's life insurance ventures in China from the venture's Chinese partner, as it moves to diversify its businesses. Bank of Beijing is negotiating with Beijing Capital Group Co to buy its stake in ING Capital Life Insurance Co, the Beijing-based lender ...

UK?s Pru Life readies its bid for Philam Life  THE United Kingdom?s second-biggest life insurer Prudential is raising funds to acquire Philippine American Life and General Insurance Co. and other Asian assets of the troubled US firm American International Group.

(AFX UK Focus) 2008-10-21 00:39 Bank of Beijing in talks to buy stake in ING Capital Life Insurance  BEIJING XFN-ASIA - Bank of Beijing Co Ltd SHA 601169 said it is in talks with Beijing Capital Group to buy the latter's stake in ING Capital Life Insurance Co Ltd.

Bank of Beijing May Buy Half of ING Life Venture (Update2)  Oct. 21 -- Bank of Beijing Co. , part owned by ING Groep NV , is in talks to buy half of ING's Chinese life insurance venture in what would be its second acquisition in three months.

Include Life Insurance in Your 'Must Have' Budget   - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Bank of Beijing in Talks to Acquire Half of ING Capital Life  Oct. 21 -- Bank of Beijing Co. , part owned by ING Groep NV , is in talks to buy a stake in ING Capital Life Insurance Co. to diversify its business and reduce reliance on lending.