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10/22/2008 News For:

Life Insurance Shopping Tips

Tips on what steps to take should your insurance company go bust  The extreme turmoil in our economic state will be written into history books and the term ?stability? and ?financial institutions? will not be synonymous. One of the ways that many people manage potential financial risk in their life is through insurance. More than two-thirds of Americans own life insurance policies, nearly 85 percent of Americans have health insurance and more than 200 million ...

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.

NY Life Receives Information Management Award  New York Life Insurance Company has received ARMA International's Cobalt Award for excellence in records and information management.

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

(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.

AIG American General Announces Redesigned Variable Universal Life Product   HOUSTON----AIG American General announced today the launch of AIG Income Advantage SelectSM, a product issued by American General Life Insurance Company and The United States Life Insurance Company in the City of New York , subsidiaries of American International Group, Inc. .

San Francisco Bay Area Insurance Agency of MassMutual Financial Group Taps Rebecca Ye to Head New Milpitas Office   WALNUT CREEK, Calif.----The San Francisco Bay Area Insurance Agency LLC, a Massachusetts Mutual Life Insurance Company General Agency, announced today the appointment of Rebecca Ye as the sales manager of the Agency's soon-to-open new Milpitas office.

TM Asia bundles insurance with bereavement product  JAPANESE life insurance company TM Asia Life Malaysia Bhd, in collaboration with bereavement provider Nian En Memorial Park Sdn Bhd, yesterday launched bereavement product packaged with TM Asia Life Single Premium Investment-Linked plan.

Bank of Beijing weighing stake in ING insurance JV  Bank of Beijing Co. is seeking to buy a half stake in ING Groep NV's Chinese life insurance joint venture, according to media reports.

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.