Life Insurance
Life insurance news and analysis, with coverage of life insurance market trends, and of life insurance regulatory, compliance and legislative issues .
Sun Life Agrees To Acquire Clarica For $4.6 Billion
By Staff WriterNU Online News Service, Dec. 17, 12:36 p.m. -- Sun Life Financial Services of Canada Inc., Toronto, has agreed to acquire Clarica Life Insurance ...
December 16, 2001
Regulators Press On With Nonforfeiture Guideline For ULRegulators Press On With Nonforfeiture Guideline For ULByChicago Work on an actuarial guideline that would require nonforfeiture values for products with secondary guarantees will continue ...
December 16, 2001
Prudential Raises $3 Billion In Initial Public OfferingPrudential Raises $3 Billion In Initial Public OfferingByThe largest life insurance company in the United States went public Thursday with an initial public offering of ...
December 16, 2001
Insurers Mindful Of Class Action Suits As Suitability Model ProceedsInsurers Mindful Of Class Action Suits As Suitability Model ProceedsByChicago Wrangling over the development of a penalties section of a model act and regulation for ...
December 16, 2001
Why Aren't More Insurers Using CARFRA For Filings?Why Aren't More Insurers Using CARFRA For Filings?ByChicago Regulators and insurers met here to discuss why a pilot program for a single point of filing ...
December 16, 2001
Regulators Say Work On CSO Tables Must Reflect Underwriting GainsByChicago Work on a new actuarial table and a model regulation that would allow the table to be used must reflect the fine-tuning that underwriting ...
December 16, 2001
Life Insurers' Enron ExposureThe U.S. life insurance industry's direct exposure to Enron Corp. was about $3.9 billion at year-end 2000, says a report from Moody's Investors Service. Though ...
December 16, 2001
3rd Quarter Losses Create 9-Month Surplus Decline3rd Quarter Losses Create 9-Month Surplus DeclineOne hundred thirty companies, comprising 85% of life insurance industry assets, incurred 9/11/01 death claims, net capital losses on ...