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11/11/2008 News For:

Variable Universal Life Insurance Quotes

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.

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.

(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.

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.

CNP Owners Back Cash Bid for Natixis Insurance Unit, Echos Says  Nov. 10 -- CNP Assurances SA, France's largest life insurer, has the support of its shareholders for a cash bid for the insurance unit of Natixis SA, Les Echos reported, citing an unidentified person.

AIG aims to sell Taiwan insurance unit in Q1  American International Group Inc is aiming to sell its 95 per cent stake in Taiwan life insurer Nan Shan Life, in a deal that local media estimated would be worth $2-2.5 billion.

A.M. Best Downgrades Ratings of Citizens Security Life Insurance Company and Its Affiliate; Revises Outlook to Negative   OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength ratings to C++ from B- and issuer credit ratings to ?b? from ?bb-? for Citizens Security Life Insurance Company [OTC: CFIN ] and its affiliate, United Liberty Life Insurance Company .

TowerGroup: Life Insurance Industry Must Shift Product Mix, Adjust Distribution and Focus on Cost Containment During ...   NEEDHAM, Mass.----Although the U.S. life insurance industry is not as deeply impacted by the current economic crisis as other segments of the financial services industry, the interconnectedness of banks, asset managers, brokerage firms, and insurers themselves means it is not immune.

Life insurance to pay off debt   When life insurance is used to pay off a loan, it's an exception to the tax-free rule, says CPA George Saenz.

Life Insurance Settlement Association Announces 2009 Legislative Forecast: Consumers First   The Life Insurance Settlement Association LISA recently announced the organization's forecast and priorities for state and federal legislation in 2009. Doug Head, LISA's Executive Director, said he anticipates that public policymakers will continue to put "consumers first" as more Americans are aware -- and more are in need -- of selling their policies rather than surrendering them for a ...