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10/22/2008 News For: Life Insurance Term Age 55(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 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 ... TM ASIA LIFE MALAYSIA OFFERS - 2 Jun said TM Asia Life Insurance is targeting a RM500 million revenue for this product over five years. 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. 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. Jackson(SM) Reports Total Sales and Deposits of $11.2 Billion LANSING, Mich.----Jackson National Life Insurance Company? generated $11.2 billion in total sales and deposits1 during the first three quarters of 2008, representing a 2-percent increase over the same period in 2007 and the highest level of total sales during the first three quarters in Jackson's history. Taiwan's Fubon Financial to acquire local ING insurance unit A branch of the Dutch bank ING in the centre of Brussels, Belgium on October 8. Taiwan's Fubon Financial Holding Co has said it would acquire the Dutch banking giant's Taiwanese life insurance unit for US$600 million. Empire Life introduces seg fund with Guaranteed Minimum Withdrawal Benefit The Empire Life Insurance Co. has launched Class Plus, the newest enhancement to its Empire Class Segregated Funds product now with a Guaranteed Minimum Withdrawal Benefit. Class Plus will be available for sale starting Oct. 20. 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. Fubon to buy ING's Taiwan life unit for $600 mln TAIPEI, Oct 20 Reuters - Taiwan's Fubon Financial <2881.TW> said on Monday it will buy ING's Taiwan life insurance unit for $600 million, propelling it into the top ranks of Taiwan's life insurers. |