Archive for May, 2009

Tower's insurance profit grows despite downturn - The Australian

Thursday, May 28th, 2009 at 2:03 pm  
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TheBull.com.au
Tower's insurance profit grows despite downturn
The Australian, Australia
TOWER Australia Group has reported a 13 per cent increase in half-year underlying profit as its core life insurance business continues to perform strongly despite the economic downturn. But according to the insurer, it has not been immune to falling ...
Making life easier Business Spectator
TOWER profit down, life business up Financial Standard
Tower profit decline Money Management
Sydney Morning Herald - The Australian
all 40 news articles

Czech Republic Insurance Report Q1 2009 - Insurance News Net (press release)

Thursday, May 28th, 2009 at 1:35 pm  
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Czech Republic Insurance Report Q1 2009
Insurance News Net (press release), PA
By contrast, the main problem for the life segment - in almost all countries - is the extreme volatility of financial markets. Over the longer term, though, the fortunes of life insurance will recover - thanks to the secular growth of organised savings ...

Pennsylvania congressman reintroduces National Insurance Office bill - IFAwebnews.com

Thursday, May 28th, 2009 at 12:19 pm  
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Pennsylvania congressman reintroduces National Insurance Office bill
IFAwebnews.com, MD
The American Council of Life Insurers praised Kanjorski's action, saying it welcomed ongoing dialogue on the need for insurance regulatory reform. ACLI President and CEO Frank Keating said life insurance is a $5 trillion industry, affecting the lives ...

First Investors Corporation - First Investors Life Rolls Out … - PR.com (press release)

Thursday, May 28th, 2009 at 7:05 am  
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First Investors Corporation - First Investors Life Rolls Out ...
PR.com (press release), NY
On June 1, 2009, First Investors Life is unveiling an updated version of its Level Term Life Insurance product. The updated First Investors Life Level Term product offers new features and benefits. A new underwriting category, Preferred Plus, ...
The Childrens Mutual Announces A Twist On Traditional Life Insurance 24-7PressRelease.com (press release)
all 4 news articles

GETTING PERSONAL: TIAA-CREF Policies Keep AAA Rating - Wall Street Journal

Wednesday, May 27th, 2009 at 8:09 pm  
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Straits Times
GETTING PERSONAL: TIAA-CREF Policies Keep AAA Rating
Wall Street Journal
Arthur Fliegelman, vice president and senior credit officer at Moody's, said TIAA is one of only three life insurance companies with an Aaa rating. (The other two are New York Life and Northwestern Mutual.) However, it's unusual for an insurance ...
Sony Debt Rating Cut by Moody's; Outlook Is Negative Bloomberg
Moody's affirms AAA rating for TIAA Bizjournals.com
Investment Losses Play Role In Dartmouth, TIAA Ratings Wall Street Journal
all 239 news articles

S&P Changes MassMutual Outlook To Negative From Stable - Wall Street Journal

Wednesday, May 27th, 2009 at 7:51 pm  
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S&P Changes MassMutual Outlook To Negative From Stable
Wall Street Journal
Standard & Poor's Ratings Services changed its outlook on Massachusetts Mutual Life Insurance Co. to negative from stable, citing its weaker capitalization and financial flexibility. "Although we still consider them very strong, they have weakened ...

AIG says it plans to spin off its Asian life insurance business in … - Washington Examiner

Wednesday, May 27th, 2009 at 6:04 pm  
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AIG says it plans to spin off its Asian life insurance business in ...
Washington Examiner, DC
AP NEW YORK — American International Group Inc. plans to spin off its Asian life insurance unit in an initial public offering to help repay billions of dollars in US government loans. Shares of American International Assurance Co., known as AIA Group, ...
I-banks line up for AIG Hong Kong IPO The Daily Deal (subscription)
Morgan Stanley Has Inside Track for AIA Listing Wall Street Journal
AIG Rebrands AIA in Asia in Preparation for IPO Trading Markets (press release)
Banking Business Review - ClaimsJournal.com
all 13 news articles

Morgan Stanley raises view on US life insurance sector - Reuters

Wednesday, May 27th, 2009 at 3:39 pm  
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Morgan Stanley raises view on US life insurance sector
Reuters
May 27 (Reuters) - Morgan Stanley raised its view on the US life insurance sector to "attractive" from "in-line," saying concerns about capital adequacy have diminished and the fundamental outlook for the group is improving. ...

FOCUS: Life Insurers Seen Fit To Survive The Crisis - Wall Street Journal

Wednesday, May 27th, 2009 at 2:17 pm  
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FOCUS: Life Insurers Seen Fit To Survive The Crisis
Wall Street Journal
Moody's life insurance rating universe covers more than 30 companies and includes life insurers such as Allstate Life Insurance Co, a unit of US-based Allstate Corp (ALL), and Legal & General Assurance Society Ltd., a unit of UK-based Legal & General ...
Allstate joins others in raising Insurance rates Chicago Sun-Times
all 6 news articles

Researching Life Insurance Online and Want to Speak to an Agent … - Business Wire (press release)

Wednesday, May 27th, 2009 at 12:47 pm  
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Researching Life Insurance Online and Want to Speak to an Agent ...
Business Wire (press release), CA
(BUSINESS WIRE)--So many prospective life insurance customers now research products online but continue to buy through an agent so transition from online to offline should be a key priority. The Customer Respect Group has recently completed a ...
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