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10/22/2008 News For:

Life Insurance Table

Women lag when it comes to buying life insurance  Women continue to trail men when it comes to life insurance coverage.

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 sells Taiwanese life insurance unit  Financial service group ING has agreed to sell its Taiwanese life insurance business to Fubon Financial Holding for $600m, a day after it got a huge cash injection from the Dutch government.

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.

ING to sell Taiwan life insurance business  LONDON: A day after receiving a 10-billion euro $13.4 billion infusion from the Dutch Government, financial services firm ING on Monday announced sale of its Taiwanese life insurance business for about 447 million euro $600 million to ...

IRDA asks life cos to cut cost, improve products  The insurance regulator has asked life insurance companies to cut costs and improve features on life insurance policies to stave off competition from mutual funds.

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.

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

(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 ...

LIC to launch credit card with Corporation Bank  After parting ways with GE, state-owned Life Insurance Corporation of India has decided to tie up with Corporation Bank for launching a white labelled/co-branded credit card.