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11/11/2008 News For:

Variable Universal Life Insurance Price

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.

TM Asia bundles insurance with bereavement product  JAPANESE life insurance company TM Asia Life Malaysia Bhd, in collaboration with bereavement provider Nian En Memorial Park Sdn Bhd, yesterday launched bereavement product packaged with TM Asia Life Single Premium Investment-Linked plan.

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.

Birla Sun Life names Rahul Sinha as CMO  Aditya Birla group's life insurance arm Birla Sun Life Insurance BSLI today said it has appointed Rahul Sinha as Chief Marketing Officer CMO. Sinha would be responsible for the marketing initiatives of the company and its offering.

(AFX UK Focus) 2008-11-10 01:09 AIG plans to sell Taiwan insurance unit for $2-2.5 bln-paper  TAIPEI, Nov 10 Reuters - American International Group Inc is planning to sell its Taiwan life insurance unit for US$2-2.5 billion, the Economic Daily reported on Monday.

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.

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....

Life Insurance Company Scammed Seniors  The Oregon Department of Consumer and Business Services this week ordered a life insurance company to change the way it sells annuities after finding that the company sold policies to seniors who couldn?t afford them.

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. ...

Fitch Places 9 Japanese Life Insurers on Rating Watch Negative  Fitch Ratings-Tokyo/HK/London/Singapore-07 November 2008: Fitch Ratings has today placed the ratings of nine Japanese life insurance companies on Rating Watch Negative RWN as detailed below.