Life Insurance Settlement

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10/22/2008 News For:

Life Insurance Settlement

Life insurance sector fears are 'overdone'  Market speculation on the risks that US life insurance companies may default on their outstanding debt is overdone, according to a new report, which argues that these groups have sufficient liquidity to navigate the turbulent conditions in the financial markets.

(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.

ING to sell Taiwan life insurance biz to Fubon Financial  LONDON: A day after receiving a ?10 billion infusion from the Dutch Government, financial services firm ING today announced sale of its Taiwanese life insurance business for about ?447 million $600 million to Fubon Financial Holding.

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) 2008-10-20 02:27 Taiwan's Fubon to buy ING's Taiwan life insurance unit for 600 mln usd  TAIPEI XFN-ASIA - Fubon Financial Holding Co Ltd 2881.TW said it has agreed to buy ING Group's Taiwan life insurance unit for 600 mln usd.

Bank of Beijing eyes buying into ING insurance JV  SHANGHAI, Oct 21 Reuters - Bank of Bejing <601169.SS>, 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 in Talks to Buy Half of ING Life Unit (Update1)  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.

Taiwan's Fubon Financial to acquire local ING insurance unit  Fubon Financial Holding Co. of Taiwan said Monday it would acquire the Taiwanese division of Dutch banking giant ING Life Insurance for 600 million US dollars.