TEXT-S&P summary: Thai Life Insurance Co. Ltd.

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TEXT-S&P summary: Thai Life Insurance Co. Ltd.News from Reuters: Thu Jan 17, 2013 6:06am EST (The following statement was released by the rating agency) Jan 17 – =============================================================================== Summary analysis — Thai Life Insurance Co. Ltd. —————— 17-Jan-2013 =============================================================================== CREDIT RATING: Country: Thailand Local currency A-/Stable/– Primary SIC: Life insurance =============================================================================== Credit Rating History: Local [...]

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ICICI Prudential Life Insurance launches new policy

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ICICI Prudential Life Insurance launches new policyNews from Economic Times: GANGTOK: ICICI Prudential Life Insurance Company Ltd (ICICI Prudential Life) has announced the launch of ICICI Pru Shubh Retirement, a new policy for its clients throughout the country including Sikkim to address the growing need for post retirement income. Stating this, Puneet Nanda, Executive Director, [...]

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Does Son Get Taxed with Mom’s Life Insurance?

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Does Son Get Taxed with Mom’s Life Insurance?News from Fox Business: Dear Insurance Adviser, I recently transferred ownership of my permanent life insurance to my son. I cannot afford the whole life policy anymore, and he doesn’t want to pay for it. I paid $ 79 a month for the past 15 years. I took [...]

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BofA Hires Ex-President of Fidelity’s Life Insurance Unit

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BofA Hires Ex-President of Fidelity’s Life Insurance UnitNews from Bloomberg: Bank of America Corp. hired Jeff Cimini, previously president of Fidelity Investments Life Insurance Co., as head of personal retirement. Cimini, 48, joined the Charlotte, North Carolina-based bank today, according to an internal Bank of America memo provided to Bloomberg News. His position, a new [...]

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ASK A LAWYER: Estate tax may hit life insurance

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ASK A LAWYER: Estate tax may hit life insuranceNews from Edmond Sun: EDMOND — EDITOR’S NOTE: This is a weekly series of columns written by attorneys at Lester, Loving & Davies law firm in Edmond. This week’s column is part one of two about the possible taxation of life insurance. Q: Will my children have [...]

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Kanye West Gets $10 Million Life Insurance Policy To Make Kris Jenner Kuiet!

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Kanye West Gets $ 10 Million Life Insurance Policy To Make Kris Jenner Kuiet!News from PerezHilton.com: 1/09/2013 7:55 PM ET | Filed under: Kanye West • Kim Kardashian Kanye West and Kim Kardashian aren’t even kinda married — but that’s not stopping Kris Jenner from playing the part of naggy mother-in-law! An insider with Kimmmy’s [...]

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Life-insurance bill targets fraud

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Life-insurance bill targets fraudNews from The Sun: BOSTON — A bill on Gov. Deval Patrick’s desk targets insurance fraud by imposing new regulations on financial-service companies and brokers who buy life insurance policies from cash-hungry consumers and then receive payouts after the person dies. Selling one’s life insurance policy for a portion of its settlement [...]

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Life insurance bill would protect consumers

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Life insurance bill would protect consumersNews from The Sun: By Colleen Quinn STATE HOUSE NEWS SERVICE BOSTON — A bill on Gov. Deval Patrick’s desk targets insurance fraud by imposing new regulations on financial service companies and brokers who buy life insurance policies from cash-hungry consumers and then receive payouts after the person dies. Selling [...]

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Many factors can dictate what type of insurance you need

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Many factors can dictate what type of insurance you needNews from The State: Neil Brown An often asked question people have is: “How much life insurance do I need?” Your life insurance needs will depend on a number of factors, including the size of your family, the nature of your financial obligations, your career stage [...]

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Reed Group in Westminster bought by Guardian Life Insurance

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Reed Group in Westminster bought by Guardian Life InsuranceNews from Denver Business Journal: Denver Business Journal by Heather Draper, Reporter Date: Friday, January 4, 2013, 3:35pm MST – Last Modified: Friday, January 4, 2013, 4:32pm MST Heather Draper Reporter- Denver Business Journal Email  | Facebook  | Twitter  | Finance Etc. blog Westminster-based Reed Group, an absence management compan…………… [...]

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