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10/22/2008 News For: Life Insurance State FarmBank 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. Bank of Beijing Eyes Buying into ING Insurance JV The Bank of Beijing, which is 16 percent owned by the Netherlands 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 ventu 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. UKs Pru Life readies its bid for Philam Life THE United Kingdoms 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. 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. (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 ... En Banc 11th Circuit Case Tests Mail Fraud Law Arguments before the full 11th Circuit spanned the centuries as judges heard a case involving viaticals, investment products in which terminally ill patients sell their life insurance policy proceeds to investors who essentially bet the patients will die soon. South Africans defaulting on policies The rate at which South Africans are defaulting on their life insurance policies has reportedly increased by 260 percent in the last six months. ING sells Taiwan ops after Dutch government injection TAIPEI Reuters - Dutch financial group ING said on Monday it will sell its Taiwan life insurance unit to Fubon Financial for $600 million, a day after securing a 10 billion euro $13.5 billion government cash injection. ING sells Taiwan life unit to Fubon for $600m Dutch financial group ING says it will sell its Taiwan life insurance unit to Fubon Financial for $600m, as it races to raise cash to shore up its capital and restore investor confidence. |


