Archive for June, 2009

Wall Street boosted by retailers and home builders - Washington Post

Thursday, June 25th, 2009 at 7:16 am  
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Wall Street boosted by retailers and home builders
Washington Post, United States
NEW YORK (Reuters) - American International Group Inc , which received $180 billion of taxpayer bailouts, said it will give the government stakes in two big life insurance units that it plans to spin off. The embattled insurer said on Thursday it will ...

Salary Gap Insurance – The New Protection Insurance Developed by … - Business Wire (press release)

Thursday, June 25th, 2009 at 7:02 am  
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Salary Gap Insurance – The New Protection Insurance Developed by ...
Business Wire (press release), CA
The pricing also compares favorably with most life insurance and disability insurance policies. According to The Bureau of Economic Analysis, the trend in personal savings in the USA has dropped from 5% of a person's income in the mid 90's to 0% in ...

Doctors allege insurance plan is part of nationwide theft and … - Southeast Texas Record

Thursday, June 25th, 2009 at 4:37 am  
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Doctors allege insurance plan is part of nationwide theft and ...
Southeast Texas Record, TX
They allege that the plan was used to help sell life insurance policies that generate "exorbitant commissions" and have made millions of dollars. The Employee Retirement Income Security Act of 1974 (ERISA) is an federal statute that establishes minimum ...

LIC to pump in Rs 50K crore in both equity and debt - Indian Express

Wednesday, June 24th, 2009 at 9:18 pm  
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Calcutta Telegraph
LIC to pump in Rs 50K crore in both equity and debt
Indian Express, India
The country's largest life insurance company — Life Insurance Corporation of India — plans to invest Rs 1,75000 crore during the current financial year. “We will pump in Rs 50000 crore in equities and almost the same amount in corporate debt,” said LIC ...
LIC likely to buy more G-secs in current fiscal Business Standard
LIC to invest Rs50,000 cr in FY10 Livemint
LIC plans to invest Rs50,000 crore in equities in 2009-10 news domain-B
Hindu Business Line - Reuters India
all 56 news articles

Life insurance agent faces fraud charges - Toronto Star

Wednesday, June 24th, 2009 at 8:26 pm  
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Life insurance agent faces fraud charges
Toronto Star,  Canada
For six years, a Newmarket and Barrie-based life insurance agent offered some of his customers the chance to invest with him on the side. He told them he was putting their money in the insurance industry, primarily with Canada Life, and he paid them ...

Sales: Compelling client conversations create sales potential - IFAwebnews.com

Wednesday, June 24th, 2009 at 7:15 pm  
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Sales: Compelling client conversations create sales potential
IFAwebnews.com, MD
Changes in the financial circumstances of clients and prospects demand attention and solutions that only life insurance can deliver. 1. Ask clients the value of their investments today versus 12 to 18 months ago. Believe it or not, this may be the ...

LIC ready with Rs 50000 cr - Hindustan Times

Wednesday, June 24th, 2009 at 6:22 pm  
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Calcutta Telegraph
LIC ready with Rs 50000 cr
Hindustan Times, India
Buoyed by a rebounding sentiment in which investors are putting more in insurance and insurance-linked investments, the Life Insurance Corporation of India (LIC) is targeting a growth of 35 per cent in its new business premium in the current financial ...
LIC likely to buy more G-secs in current fiscal Business Standard
LIC will invest Rs 50000 cr in FY'10 Little About
LIC sees 400 bln rupees investment in stocks in FY10 Reuters India
Calcutta Telegraph - Hindu
all 57 news articles

Life insurance 101 - Examiner.com

Wednesday, June 24th, 2009 at 6:03 pm  
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Examiner.com
Life insurance 101
Examiner.com
If you've ever shopped for life insurance, then you know how confusing it can be to choose among the different types of coverage available. If you have a family or other loved ones who depend on you then it's worth the trouble to seek out the best ...

China LIfe Insurance (LFC) PriceWatch Alert Shows Bearish Technicals - Market Intelligence Center

Wednesday, June 24th, 2009 at 5:08 pm  
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China LIfe Insurance (LFC) PriceWatch Alert Shows Bearish Technicals
Market Intelligence Center, VA
China LIfe Insurance (NYSE: LFC) closed yesterday at $53.01. So far the stock has hit a 52-week low of $33.45 and 52-week high of $60.26. China LIfe Insurance stock has been showing support around 51.64 and resistance in the 54.36 range. ...

Munich Re: No Recession Hit Yet On July Renewal Volumes - Wall Street Journal

Wednesday, June 24th, 2009 at 3:51 pm  
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Munich Re: No Recession Hit Yet On July Renewal Volumes
Wall Street Journal
For example, a decline in vehicle sales and motor insurance, and lower demand for life insurance and pension provisions will also reduce demand for reinsurance, Schneider said, adding so far he hadn't heard of any measurable affects. ...
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