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11/18/2008 News For:

Life Insuranceanse Permanant

ING Life Korea joins movement to raise money  ING Group will boost the capital of its life insurance unit in Korea by 350 billion won $244 million by the end of December, the unit said in a statement yesterday.

Why Credit Life Insurance Is a Bad Buy  Salespeople sometimes sneak credit life insurance in for a big purchase.

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.

(AFX UK Focus) 2008-11-17 19:05 Bids in for failed Japan insurer Yamato Life-report  NEW YORK, Nov 17 Reuters - Eight bids have been received for failed Japanese insurer Yamato Life Insurance Co, Japan's Nikkei financial daily reported. Bidding ended Monday, and Yamato will narrow the number of bidders to two or three as early as this weekend and make a final selection early next year, the report on Nikkei's website said, without citing sources. The report said Yamato has ...

SBLI USA Mutual Life Insurance Co.  The employees of SBLI USA Mutual Life Insurance mirror the diversity of the $170 million company's target market. They speak 20 languages, and two-thirds are minorities.

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  NEW YORK Reuters - 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.

Lincoln, Aegon May Buy S&Ls With `Unsafe' Practices (Update1)  Nov. 17 -- Four of the world's biggest life insurers may acquire small banks that regulators have cited for improper practices to improve their own chances of getting cash from the $700 billion U.S. government bailout fund.