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10/13/2008 News For:

Whole Life Insurance

S&P Revises U.S. Life Insurance Sector Outlook To Negative  S&P Revises U.S. Life Insurance Sector Outlook To Negative

IJapan's Yamato Life Insurance files for bankruptcy  Japan's Yamato Life Insurance has filed for bankruptcy with USD 2.7 billion in liabilities, to become the first financial sector casualty of US credit crisis in Japan, according to media reports.

Ohio shooting puts face on foreclosure crisis  AKRON, Ohio -- By the time deputies came to escort Addie Polk out of her home of 38 years, the 90-year-old had taken out her life insurance policy and placed it next to her pocketbook and keys in the neatly kept house.

Man's fake death arrest  A prominent Durban businessman has been arrested for murder and defeating the ends of justice after he allegedly tried to fake his own death to benefit from a R3-million life insurance policy.

Yamato Life customers to get help  Yamato Life Insurance Co.'s decision to file for bankruptcy protection sent shock waves throughout the industry Friday as it became the first major victim in Japan of the global financial crisis. But industry sources said policyholders shouldn't panic because their policies are guaranteed by an industry safety net. It is the industry's first bankruptcy in seven years. Read the full story ...

Japan's Yamato Life Insurance files for protection: report  TOKYO AFP - Japan's Yamato Life Insurance is in the process of filing for bankruptcy protection, Jiji Press reported Friday.

Widow puts face on home crisis  By the time deputies came to escort Addie Polk out of her home of 38 years, the 90-year-old had taken out her life insurance policy and placed it next to her pocketbook and keys in the neatly kept house.

Yamato Life seeks bankruptcy protection   TOKYO, Oct. 10 UPI -- Yamato Life Insurance Co., a nearly century-old Japanese insurer, sought bankruptcy protection Friday, becoming a victim of the current global financial crisis.

Yamato Life Files for Bankruptcy, Citing Investments (Update1)  Oct. 10 -- Yamato Life Insurance Co. , a Japanese insurer, filed for court protection from creditors in the nation's first bankruptcy in the industry in seven years, with debt exceeding assets by 11.5 billion yen $116 million.

??i gia b?o hi?m g?n 100 tu?i c?a Nh?t s?p ??  Sau s? ra ?i c?a nh?ng ??nh ch? t?i ch?nh h?ng m?nh c?a M? v? ch?u ?u, t?p ?o?n b?o hi?m 98 tu?i t?i Nh?t, Yamato Life Insurance Co. ?? ch?nh th?c ?? ??n xin ???c b?o h? ph? s?n h?m th? s?u v?a qua.