Whole Lilfe Insurance Life Insurance

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10/12/2008 News For:

Whole Lilfe Insurance Life Insurance

Yamato Life Insurance collapses amid falling stock prices  Yamato Life Insurance Co., a nearly century-old insurer that tried to resuscitate its business by gambling on high-risk financial products, collapsed Friday due mainly to plunges in stock prices, officials said.

China tests micro-insurance for rural poor  Dai Yongheng never imagined he would make history. But he did just that on Sept. 3, 2008. The middle-aged farmer from north China's Shanxi Province procured a fixed-term life insurance for all five members of his family. He paid 150 yuan 21.90 U.S. dollars, becoming the first micro-insurance deal in rural China. The insurance policy pays 75,000 yuan if something happens to Dai's family in ...

Japan's Yamato Life Insurance goes bankrupt: Official  Japan's Yamato Life Insurance will file for bankruptcy protection, becoming the first Japanese insurer to fail amid the global credit crisis, the financial watchdog said on Friday.

A.M. Best Revises Outlook of U.K. Life Insurance Industry to Negative From Stable   OLDWICK, N.J.----The impact of the decline in equity markets on U.K. life insurers has led A.M. Best Co. to revise its rating outlook for the U.K. life insurance industry to negative from stable.

The Union Labor Life Insurance Company Commits $250 Million to the $1 Billion Historic Concord Resort Redevelopment ...   The Union Labor Life Insurance Company, through its investment vehicle, Separate Account J, "J for Jobs", has committed to provide a $250 million participation in the construction loan towards the funding of the $1 billion Phase 1 Concord Resort Redevelopment project.

Japan's Yamato Life file for bankruptcy in Tokyo  HONG KONG MarketWatch -- Japanese insurer Yamato Life Insurance Co. filed for bankruptcy protection from creditors Friday, reportedly becoming the first in the Japanese industry to do so in seven years.

Include Life Insurance in Your 'Must Have' Budget   - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

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

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.

Yamato Life Files for Bankruptcy, Citing Investments (Update3)  Oct. 10 -- Yamato Life Insurance Co. , a 98- year-old Japanese insurer, filed for court protection from creditors in the nation's first bankruptcy in the industry in seven years, with debts exceeding assets by 11.5 billion yen $116 million.