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10/13/2008 News For: Whole Term Insurance Life InsuranceIJapan'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. 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. Allianz Life Insurance launches MasterDex X Annuity Allianz Life Insurance Company of North America has announced that its new Allianz MasterDex X Annuity is available for sale in 27 states. Centre to take LIC Act changes out of Insurance Reform Bills ambit The Centre has decided to delink the amendments required in the Life Insurance Corporation of India Act 1956 from the Insurance Laws Bill 2006, recently cleared by the GoM, chaired by external affairs minister Pranab Mukherjee. Company offering free life insurance Springfield-based Massachusetts Mutual Life Insurance Co. plans to issue $50,000 term life insurance policies to benefit children of eligible working families in Connecticut at no cost to the families, company officials said Thursday. 5 Mistakes That Can Ruin Your Life (Insurance) There are many good reasons to consider buying a life insurance policy, such as a recent marriage, a new baby, or a large debt purchase like a mortgage that loved ones would have trouble paying if something happened to you. Yamato Life files for bankruptcy Yamato Life Insurance Co., a time-honored insurer based in Tokyo, filed for bankruptcy protection Friday due to losses related to the U.S. subprime crisis, becoming the first Japanese financial institution to fail amid the ongoing global financial turmoil. Yamato, which went belly up with debts of ?269.5 billion, asked the Tokyo District Court to invoke the 2000 fast-track law for the ... 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. Yamato Life seeks bankruptcy protection Yamato Life Insurance Co., a nearly century-old Japanese insurer, sought bankruptcy protection Friday, becoming a victim of the current global financial crisis.In its filing in a Tokyo district court, the midsize company listed debts of 269.5 billion yen, or $2.7 billion, Kyodo news service reported.Company officials sought recourse to an 8-year-old law allowing courts to order assets of ... Seguradora Yamato Life cai sob peso de US$2,7 bi em d?vidas A japonesa Yamato Life Insurance, uma seguradora de m?dio porte de capital fechado, entrou com pedido de fal?ncia nesta sexta-feira, tornando-se a primeira institui??o financeira do Jap?o a quebrar por conta da turbul?ncia do mercado gerada pela crise das hipotecas de alto risco. |




