Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
100-Company Surplus Dipped In 2Q
By Frederick S. TownsendMovement of capital out of the life insurance industry exceeded operating earnings and produced a 0.9% ($2.4 billion) decline in surplus in the second quarter ...
October 14, 2005
NAIC OKs Guarantee ProposalsMembers of the National Association of Insurance Commissioners today approved measures that will affect standards for variable annuities with performance guarantees, universal life policies ...
October 14, 2005
Rating Firm Likes European MarketThe European life insurance market has suffered through 3 tough years, but it should do better in the future.[@@]Hans Wright, a credit analyst at ...
October 14, 2005
Firm To Market Policy Appraisals Through Internet ServiceLife Insurance Settlements Inc. will be using iPipeline to put life settlement forms on the Web sites of general agents.[@@]IPipeline is a Web-based service ...
October 14, 2005
Genworth General Counsel To Lead Ethics GroupThe board of the Insurance Marketplace Standards Association has confirmed Leon Roday as chairman.[@@]Roday, general counsel of Genworth Financial Inc., Richmond, Va., has been ...
October 13, 2005
HCC Set To Acquire Life UnitHCC Insurance Holdings Inc. says it has agreed to acquire MIC Life Insurance Corp. from Motors Insurance Corp. [@@]HCC is not disclosing the price ...
October 13, 2005
St. Louis Bank Buys Nashville BrokerEnterprise Financial Services Corp. has acquired the Millennium Brokerage Group.[@@]Enterprise Financial, St. Louis, is the parent company of Enterprise Bank & Trust.Millennium, Nashville, Tenn., ...
October 12, 2005
AXA To Settle With Descendants Of Armenian Genocide VictimsAXA S.A. has agreed to pay $17 million to resolve class-action litigation brought by the descendants of some of the 1.5 million Armenian men ...