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11/13/2008 News For: Whole Life InuranceMassMutual enhances whole life insurance products Massachusetts Mutual Life Insurance Company has announced the introduction of updated versions of three products and riders, Whole Life Legacy 65, Whole Life Legacy 10 Pay, and Whole Life Legacy High Early Cash Value, that reportedly provide guarantees and increased flexibility for policyholders. Life Insurers Facing Cuts in Ratings Life insurance companies, hobbled by real estate investments and committed to paying some costly retirement contracts, face more cuts in their credit ratings before the year is up. Swiss Life to Miss Profit Target, Halts Share Buyback (Update5) Nov. 12 -- Swiss Life Holding , Switzerland's biggest life insurer, scrapped its full-year profit target and halted a share buyback after market turmoil eroded the value of investments. HEALTH: Free life insurance offered to low-income parents Free life insurance for qualified parents of school-age children is being offered through Mass Mutual Financial Group. Swiss Life to Miss Profit Target, Halts Share Buyback (Update1) Nov. 12 -- Swiss Life Holding , Switzerland's biggest life insurer, said full-year profit will miss its own target and plans to halt a share buyback after market turmoil eroded the value of investments. Life insurance association urges insurers to revise shield plan benefits SINGAPORE : The Life Insurance Association of Singapore has urged insurers to review the benefits of their integrated shield plans. Life insurance - a luxury or a necessity? Life insurance - a luxury or a necessity? How dependant is our financial security on our physical health? The take up of KiwiSaver has been above expectation and created an increased awareness of the need for financial security in retirement among New Zealanders. Swiss Life warns of 2008 loss excluding one-offs Insurer Swiss Life Holding said Wednesday it expects a loss for the full year 2008, excluding one-off gains from the sale of some units, due to the financial crisis. Switzerland's biggest life insurance company had predicted a full-year profit of at least 1.8... China Life to Invest in Unlisted Banks, Securities News Says Nov. 12 -- China Life Insurance Co. has targeted to invest in closely-held banks and infrastructure projects, Shanghai Securities News reported, citing Liu Lefei , the company's chief investment officer. Fitch: Taiwanese Life Insurers Face Tougher Challenges Fitch Ratings-Taipei/Hong Kong/Singapore-12 November 2008: Fitch Ratings has today published a special report on the Taiwanese life insurance sector, " Taiwanese Life Insurers: Going Gets Tougher", assessing Taiwanese life insurance companies' performance and capital strength in view of recent market turbulence. |




