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11/18/2008 News For: Life Insuranceane QuotesMax New York Life to hire 44,000 this fiscal Max New York Life Insurance, the country's fourth largest private sector insurer, mulls hiring around 14,000 employees and 30,000 agents in the current fiscal, at a time when many global companies are slashing jobs to cut costs amid global recession. Allianz Introduces the GenDex Life Insurance Series MINNEAPOLIS----Allianz Life Insurance Company of North America recently announced their new GenDex series of life insurance products is available for sale in over 30 states. Within the new series are the GenDex MomentumSM and GenDex SurvivorSM fixed index universal life insurance products, both of which offer the consumer the reassurance of knowing that if the insured dies, their beneficiaries ... Secondary Life Capital obtains three new provider licenses Secondary Life Capital, a provider of investment products and services focused on the secondary life insurance market, has announced that the State of Pennsylvania has granted the company its three new life settlement provider licenses. Slump hits nation���s life insurance market The total earnings of life insurers operating in Korea tumbled 45.7 percent on-year in the first half of fiscal 2008, dented by recent financial turmoil, the financial watchdog said yesterday. Moody's sees stable outlook for Chinese life insurance sector Moody's Investors Service says the outlook for the Chinese life insurance industry is stable in view of their strong balance sheets as well as capitalizations and the small impact of their sub-prime-r Integrity Capital Partners Facilitates Disposition of $130 Million of Life Insurance Policies For X-Rite, Inc. Integrity Capital Partners , a leader in the secondary life insurance market, has facilitated a very unique transaction to assist X-Rite, Inc., a publicly-traded color science and technology company, in increasing its cash and eliminating expenses of unwanted life insurance policies. Vigilan and Life Settlement Financial announce collaboration Vigilan, an operational management systems company, and Life Settlement Financial have announced their collaboration to develop improved models for the valuation of life insurance policies. Insurers await Fed OK for cash amid capital drain Life insurers, needing to rebuild capital after being drained by investment losses, are joining the long line of U.S. companies seeking to borrow under the government's $700 billion financial rescue program. |


