Archive: December, 2011

FBL Financial Group Announces Closing of EquiTrust Life Insurance Company Sale

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FBL Financial Group Announces Closing of EquiTrust Life Insurance Company SaleNews from CNBC: WEST DES MOINES, Iowa, Dec 30, 2011 (BUSINESS WIRE) — FBL Financial Group, Inc. (NYSE: FFG) today announced it has closed the previously announced sale of its subsidiary, EquiTrust Life Insurance Company, to a controlled affiliate of Guggenheim Partners, LLC in an [...]

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Judge blocks Roderick Covlin from slain wife Shele  Covlin’s $1.6 life insurance payout; orders hearing 

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Judge blocks Roderick Covlin from slain wife Shele  Covlin’s $ 1.6 life insurance payout; orders hearing News from New York Daily News: A Westchester judge yanked Roderick Covlin’s access to a $ 1.6 million life insurance payout on his slain wife Thursday after learning he is the prime suspect in her unsolved 2009 murder. That big [...]

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Judge halts ‘killer’ hubby’s control of life-insurance payout for kids

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Judge halts ‘killer’ hubby’s control of life-insurance payout for kidsNews from New York Post: A man suspected of killing his beautiful blond banker wife in her Upper West Side apartment has been stripped of control of the $ 1.6 million in insurance money she left their kids — after The Post’s exposé on how he [...]

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IndiaFirst Life Insurance ties up with Vidharbha Kshetriya Gramin Bank

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IndiaFirst Life Insurance ties up with Vidharbha Kshetriya Gramin BankNews from Economic Times: MUMBAI: Private insurer IndiaFirst Life Insurance today said it has tied up with Vidharbha Kshetriya Gramin Bank – a regional rural bank sponsored by Central Bank of India, to reach out to its customers in the hinterland of Maharashtra. “This new tie-up [...]

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Irda brings insurance closer to public in 2011

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Irda brings insurance closer to public in 2011News from Economic Times: Insurance policyholders will remember the year 2011 for the series of small steps taken by the Insurance Regulatory and Development Authority (IRDA) to protect their interests. The measures may not have had the course-altering stature of the September 2010 Ulip charge cap, but they [...]

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Best Life Insurance Stocks For 2012 Picked By Credit Suisse

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Best Life Insurance Stocks For 2012 Picked By Credit SuisseNews from Seekingalpha.com: Credit Suisse Research analyst Thomas Gallagher and his team published a report titled “U.S. Life Insurance 2012 Outlook: The Growing importance of ROA” on Dec 19, 2011. The analysts have highlighted upcoming regulatory measures, along with stocks that are expected to outperform. Gallagher [...]

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2011, year of convinient and cheap Life insurance cover

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2011, year of convinient and cheap Life insurance coverNews from Economic Times: Life insurance cover became cheaper and more convenient to buy in 2011. The new online term plans launched during the year were 25-30% cheaper than the existing ones and 50-60% less expensive than the most competitively priced offline product. Experts believe that the [...]

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TEXT-Fitch:UK non-life insurance consolidation set to continue

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TEXT-Fitch:UK non-life insurance consolidation set to continueNews from Reuters UK: … Read the full article . . New China Life Jumps in Shanghai Debut as Asian Stocks RiseNews from Businessweek: December 18, 2011, 7:22 PM EST Telecom Stocks Lead Weekly Gains in N.Y. Index: China Overnight Woori Sees Korean IPOs Increasing 8% in 2012 on [...]

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Heungkuk Life Dispute With Goldman Sachs Goes to Arbitration

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Heungkuk Life Dispute With Goldman Sachs Goes to ArbitrationNews from Businessweek: December 23, 2011, 9:27 AM EST Lehman, Fannie Mae Settle Disputes Over Claims, Filing Says Woori Sees Korean IPOs Increasing 8% in 2012 on Won Advance Deutsche Bank Sued by Kingate Global Fund Over Madoff Feeder BNY Mellon, New Star, Apple, Chevron, NCAA in [...]

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Should NRIs buy life insurance in India?

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Should NRIs buy life insurance in India?News from Times of India: Life insurance has been a traditional investment favorite in India and most Indians are likely to hold at least one, if not more, life insurance policies. If you are a Non Resident Indian (NRI), you may have bought a policy while you were a [...]

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