Life Insurance
India : 84% want to buy Life Insurance policies
Indians prove to have better financial management skills and are confident of facing any financial challenges in future, as against consumers from 9 other...
Life insurance : India has huge potential in untapped market
With a massive population base and huge untapped and under-penetrated market, the insurance industry is home to tremendous opportunity in India as well as...
Now Ryan family fear they’ll lose their home
The late broadcaster Gerry Ryan's former wife and children fear losing their family home in the wake of last week's shock inquest finding that...
Good to know : insurers snoop online to find information about customers
Posting pictures of yourself partying on Facebook or bragging about your lazy Sundays could result in a more expensive insurance premium, it has emerged.
Insurers...
Life insurance : data profiles to test for longevity
Life insurers are testing an intensely personal new use for the vast dossiers of data being amassed about Americans: predicting people's longevity.
Insurers have long...
MetLife retreats from long term care market
MetLife Inc. Chief Executive Officer Robert Henrikson said the insurer’s retreat from the long-term care market will make the company stronger because prices for...
Swiss Re : interested in health and life insurance market in India
Swiss Re said it’s looking for a local partner in India to enter the country’s life and health insurance market.
“We see a very good...
Short news : insurance fraud with a fake cancer
Robin Smith Lankford, 32, of Oak Ridge, Tenn. was sentenced Wednesday to serve 6 months in prison, followed by 6 months of home...
Middle East Insurance industry eyes 17pc growth
The Middle East life insurance industry is looking for a growth of around 17 per cent this year after a slowdown in 2009.
"The industry...
Life insurance : 50% of UK mortgages not covered by life insurance
The report published by Sainsbury's Insurance on Monday, November 1st, suggests that almost 50% of UK mortgages are not covered by life insurance. This...
Transaction : RBS readies to sell off life insurance business
The Royal Bank of Scotland (RBS) is preparing to sell off or float its insurance unit, which includes familiar names such as Direct Line,...
Acquisition : Ace to Buy New York Life Units for About $425 Million
Ace Ltd., the Swiss insurer operating in more than 50 countries, agreed to buy New York Life Insurance Co.’s Hong Kong and South Korean...
Cooperative Group to sell its life insurance business
Britain's mutually-owned Cooperative Group is considering a sale of its life insurance business as part of a reorganisation of its financial services division, newspapers...
Insurance sales feel rule pinch
The new Ulip norms are taking its toll on policy sales by life insurers, including the Life Insurance Corporation of India (LIC). The new...
AIG / AIA : share sale set to close early on strong demand
The share sale of the Asian unit of US life insurer AIG could close two days early due to stronger-than-expected demand, a report said...
Joint venture : Mercuries buys U.S. MassMutual stakes
U.S. based insurer MassMutual will sell its stake in a joint venture with partner Mercuries Corp for T$3 billion ($97 million), in the latest...
Life insurance : Tesco expands insurance products
Tesco, the supermarket giant, will expand its insurance activities by selling life insurance. Although Tesco has previously focused its insurance business on car insurance,...
Tower Australia meets with investors
Life insurance company Tower Australia Ltd met with investors this week for first time ahead of a possible bond issue, a fund manager said...
Study : CEIOPS has launched a European wide data request
In order to support the European Commission in finalising the Solvency II implementing measures, CEIOPS is aiming to provide recommendations based on robust, empirical...
Life insurance : When it could make all the difference
Life insurance is relatively cheap for most people but can make a huge impact on the lives of loved ones we leave behind. And,...
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