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11/11/2008 News For:

Variable Universal Life Quotes

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.

SBI Life eyes Rs 11,000-cr business in FY09  SBI Life Insurance, the second largest private life insurance company in India, has targeted a total business volume of Rs 11,000 crore during the current year. Of the Rs 11,000 crore, new business or new premium, both single and regular, will account for Rs 8,500 crore.

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.

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.