Rectmix Life Insurance

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11/11/2008 News For:

Rectmix Life Insurance

Settlement ends suits over General American Life Insurance's collapse  Goldman Sachs will pay $100.5 million to settle a lawsuit over the 1999 collapse of Missouri-based General American Life Insurance Co., once one of the country's biggest life insurers.

Craig Nordyke Named Vice President and Chief Actuary at Fort Dearborn Life Insurance Company(R)   Fort Dearborn Life Insurance Company announces the appointment of Craig Nordyke as vice president and chief actuary. Nordyke will be responsible for the planning, directing and controlling of the actuarial operations of Fort Dearborn Life.

BoB likely to start life insurance biz early next fiscal  State-run Bank of Baroda has said its life insurance venture with the UK-based Legal and General Group is expected to start business in the first quarter of the next fiscal.

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.

Authority may ease rules for insurers  Regulators aim to help both life and non life insurers keep afloat by reducting the minimum insurance fund they need to maintain amid tight liquidity caused by the global financial crisis....

Friends Provident to buy 49% of AmAssurance  KUALA LUMPUR: Friends Provident plc is set to buy a 49% stake in AmAssurance Bhd. The deal would see AmAssurance gain a partner that would help it grow the life insurance side of AMMB Holdings Bhd?s business.

Norwich Union legal staff facing costs cull  Norwich Union is to radically overhaul the legal team of its life insurance business, slashing 20 per cent of its annual budget. ...

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