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11/10/2008 News For:

Mortgages Insurancece Life Insurance

New York Life Opts Out of Capital Program  New York Life Insurance Co. announced Thursday that it will not participate in the Treasury Department's Capital Purchase Program.

Insurance / Perspectives  Last week, in the first part of this interview, BNamericas spoke to Antonio C?ssio dos Santos to discuss Brazilian private pension and life insurance federation FenaPrevi's priority projects for the year, which included passing microinsurance legislation and building a comprehensive actuarial data management system unique to the country.

Regulators issue draft revision to capital requirements for life insurance cos.  Canadian insurance regulators are proposing to revise their approach to setting capital requirements for the life insurance industry ahead of a new capital adequacy framework.

Financial climate slowing sale of AIG's Japan assets: report  The weakened balance sheets of prospective buyers is hampering American International Group's planned sale of three Japanese life insurance companies, according to a published report.

Affiliate chiefs and their triumphs  Outside Samsung Electronics, Lee Soo-bin, chairman of Samsung Life Insurance, is the eldest CEO. He leads a council of affiliate presidents. Lee Soo-chang, Samsung Life Insurance CEO, has introduced an in-company college to nurture financial experts.

Rappahannock National Bank to Offer Customers MyTerm(SM), Internet-Based Term Life Insurance Through Its Affiliation ...  Prudential Financial, Inc. NYSE:PRU today announced an agreement between its Individual Life Insurance

Union Bank & Trust to Offer Customers MyTerm(SM), Internet-Based Term Life Insurance Through Its Affiliation with ...   NEWARK, N.J.----Prudential Financial, Inc. today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a simplified issue term life insurance policy available through the Internet to customers of Union Bank & Trust.