Tag: Says

The IRS Hates Life Insurance for Five Reasons, Says LifeAnt.com

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The IRS Hates Life Insurance for Five Reasons, Says LifeAnt.comNews from Insurance News Net: New York, NY (PRWEB) May 30, 2014 LifeAnt.com, a company that is devoted to helping people save money by offering them life insurance quotes, has just posted a new article on their website that looks at how and why the Internal [...]

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Samsung Life says won’t bid for ING Asia insurance biz

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Samsung Life says won’t bid for ING Asia insurance bizNews from Reuters: SEOUL | Thu May 17, 2012 2:27am EDT SEOUL (Reuters) – South Korea’s Samsung Life Insurance (032830.KS) said on Thursday that it had decided not to bid for ING Groep’s (ING.AS) Asia-Pacific insurance operation, saying the sales method was not in line with [...]

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Cuomo Says Website to Help Insurance Beneficiaries Get Funds

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Cuomo Says Website to Help Insurance Beneficiaries Get FundsNews from Bloomberg: New York Governor Andrew Cuomo said a new website will help life-insurance beneficiaries learn about funds that they are owed after a state review of unpaid benefits resulted in awards of more than $ 200 million. “Something must be done to make sure families [...]

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China Life Insurance says plans to issue sub-debt

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China Life Insurance says plans to issue sub-debtNews from Reuters: HONG KONG, March 27 | Tue Mar 27, 2012 4:41am EDT HONG KONG, March 27 (Reuters) – China Life Insurance Co Ltd Vice-President Liu Jiade said on Tuesday that the company plans to issue subordinated debt in the near future, subject to shareholder approval, a [...]

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Samsung Life says interested in ING Asia insurance business

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Samsung Life says interested in ING Asia insurance businessNews from Reuters: Thu Feb 23, 2012 9:27pm EST * Samsung Life reviewing ING Asia bid * Possible KB-Samsung tie up plan looms (Add details, analyst comment) SEOUL Feb 24 (Reuters) – South Korea’s Samsung Life Insurance said it is interested in acquiring ING Groep’s Asia-Pacific insurance [...]

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Life insurance sale must be need based, says IRDA

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Life insurance sale must be need based, says IRDANews from Hindu Business Line: Hyderabad, Jan. 31:  The sale of life insurance policies are set to become more scientific soon. The life insurers should ensure a need-based sale of life insurance products by their direct sales personnel, the Insurance Regulatory and Development Authority said in the [...]

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Outlook stable for Japan’s non-life insurers, says Fitch

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Outlook stable for Japan’s non-life insurers, says FitchNews from Stock Market Wire: StockMarketWire.com – The outlook for Japan’s non-life insurance industry is stable, underpinned by a recovery in the core automobile business line, according to a new report by Fitch Ratings. It says the fundamentals of the three major non-life insurance groups – Tokio Marine [...]

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Guo Says China Life Insurance Market Has Room to Grow – Washington Post

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Guo Says China Life Insurance Market Has Room to Grow – Washington PostNews from Guo Says China Life Insurance Market Has Room to Grow – Washington Post: Guo Says China Life…………… continues on Guo Says China Life Insurance Market Has Room to Grow – Washington Post … Read the full article . . Does Life [...]

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BofA’s $8.5 Billion Mortgage Deal ‘Insufficient,’ Western & Southern Says

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BofA’s $ 8.5 Billion Mortgage Deal ‘Insufficient,’ Western & Southern Says News from Bloomberg: Bank of America Corp. (BAC)’s proposed $ 8.5 billion mortgage-bond settlement with investors drew more criticism, as Western & Southern Life Insurance Co. called the deal “wholly insufficient.” The settlement is “a sweetheart deal” and an attempt to “sweep aside the [...]

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