Variable Univiversal Life Insurance

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11/11/2008 News For:

Variable Univiversal Life Insurance

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.

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.

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.

(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.

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. ...

Indian Crew For Cursed Russian Boat  Well, if anyone could send a cursed Russian sub to the bottom of the ocean it would be the Indians. I hope their life insurance papers are up to date before they set sail.

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 ...