Whole Life Insurnace Policies

Whole Life Insurnace Policies
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11/11/2008 News For:

Whole Life Insurance Policies

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.

Is the insurance sector in trouble? II  IN THE FACE of this worldwide financial meltdown, a life insurance company has to grapple with its own unique problems.

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.

60 sinh vi?n ???c nh?n h?c b?ng c?a Cathay Life  TP- H?m qua, ng?y 10/11, t?i H? N?i, Cty B?o hi?m Nh?n th? Cathay Vi?t Nam thu?c T?p ?o?n T?i ch?nh Cathay ? ??i Loan t? ch?c ch??ng tr?nh ?H?c b?ng Cathay Life Insurance 2008? d?nh cho c?c sinh vi?n v??t kh? h?c gi?i t?i H? N?i.?

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.

(AFX UK Focus) 2008-11-11 15:52 UPDATE 1-Goldman Sachs bearish on U.S life insurance sector  Recasts, adds details Nov 11 Reuters - U.S. life insurers will see continued asset deterioration in the next 12 to 18 months and need to raise incremental capital, said a Goldman Sachs analyst, who assumed the sector coverage with a bearish view. Shares of all major life insurers fell in early trade on the New York Stock Exchange following the report.

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....

Prudential, Hartford Drop; Goldman First to Say Sell (Update1)  Nov. 11 -- Prudential Financial Inc ., the No. 2 U.S. life insurer, and Hartford Financial Services Group Inc. dropped in New York trading on concern that investment losses and falling stock markets will force the companies to raise capital.

Genworth Financial names Ronald Joelson as CIO  RICHMOND, Va. Genworth Financial Inc. said Tuesday it named Ronald Joelson as chief investment officer, in charge of managing the mortgage and life insurer's nearly $70 billion investment portfolio.

National Western Life Announces 2008 Third Quarter Earnings   Ross R. Moody, President of National Western Life Insurance Company , announced today third quarter 2008 consolidated net losses of $9.8 million, or $2.78 per diluted Class A share, compared with consolidated net earnings of $15.6 million, or $4.38 per diluted Class A share, reported for the third quarter of 2007.