National Agent Association Life Insurance

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National Agent Association Life Insurance

Life Insurance Firms in Customer Respect Group Study Ranked on How They Treat Online Customers   Leading Life Insurers Start to Join Online Revolution; Gap between Top and Bottom Grows; Western & Southern First Life Insurance Company to Gain 'Excellent' Rating

Tata-AIG Life announces expansion plan  NEW DELHI: Tata Group's life insurance arm, in which American International Group AIG - which last week got a new lease of life - has 26 per cent stake, plans to ramp up its branch network by adding another 100 branches in the next 12 months.

Rel Life to start insurance plans for remote UP areas  In order to tap the huge emerging markets in the country, Anil Dhirubhai Ambani Group firm Reliance Life Insurance is working on introducing new payment modes for the rural populace who have a smaller premium paying capacity. The company is studying whether the mode of payment could be on a daily or weekly basis.

Questions, answers for worried AIG policyholders  AIG's reach in the economy is huge: It ranks among the top writers of automobile insurance, commercial insurance and life insurance. It led the nation in fixed annuities sold through banks, writing more than $5 billion in 2007.

AIG's Singapore life insurance unit head resigns  SINGAPORE, Sept 19 Reuters - The Singapore head of AIA, the life insurance unit of American International Group , quit on Thursday, the city-state's central bank said.

Report: Men have more life insurance than women  In many cases, the man of the house has more life insurance than the female, which could be a huge mistake, according to recent studies compiled by Massachusetts Mutual Life Insurance Co.

TIAA Maintains Highest Possible Financial Strength Ratings From Independent Insurance Ratings Agencies   NEW YORK----TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields, today announced that the nation's leading independent insurance rating agencies have all affirmed the highest possible insurance financial strength ratings for Teachers Insurance Annuity Association of America and its insurance operating subsidiary, TIAA-CREF Life Insurance Company.

The paradox of ULIPs  A couple of days ago there were some announcements from the Life Insurance Council, a lobbying body formed by life insurance companies.

Best downgrades life sector to negative  OLDWICK, N.J.��A.M. Best Co. has revised its rating outlook for the U.S. life insurance industry to negative from stable, expecting more downgrades and negative outlooks than upgrades and positive outlooks for U.S. life, annuity and health companies in the near to medium future.

Business Quick Take  American International Group��s AIG Taiwanese life insurance unit said customers terminated about NT$20 million US$624,025 in policies this week after the New York-based company agreed to give up a 79.9 percent stake in return for a bailout.