Variable Universal Life Performance

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11/11/2008 News For:

Variable Universal Life Performance

Transamerica Upgrades Variable Annuity Rider   DENVER----Transamerica Life Insurance Company today introduced an upgraded version of its guaranteed lifetime withdrawal benefit rider that can help address retirement challenges like long-term care costs and market volatility.

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.

National Western Life reports net loss in Q3  National Western Life Insurance Company has reported consolidated net losses of $9.8 million or $2.78 per diluted class A share for the third quarter of 2008, compared with consolidated net earnings of $15.6 million, or $4.38 per diluted class A share, reported for the third quarter of 2007.

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.

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.

Protective Life Introduces ProtectiveRewards(R) Elite Variable Annuity   BIRMINGHAM, Ala.----Protective Life Insurance Company announced on Monday the addition of a new variable annuity to their already expansive line of annuity products. The ProtectiveRewards? Elite variable annuity, an innovative new ?L-share? contract, became available for sale beginning November 3, 2008, subject to state availability.

Affordable New Universal Life Products Now Available from Protective Life and West Coast Life   BIRMINGHAM, Ala.----Protective Life Insurance Company and West Coast Life Insurance Company announced the release of two new current assumption universal life policies, the Protective ProClassicSM UL and the West Coast LifeTime Advantage PlusSM UL.

AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says  Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one.

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.

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.