A.M. Best Downgrades Ratings of Charter National Life Insurance Company and Intramerica Life Insurance Company (Business Wire via Yahoo! Finance)
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength ratings to B++ from A- and the issuer credit ratings to "bbb+" from "a-" of Charter National Life Insurance Company and Intramerica Life Insurance Company .

AXA to sell Taiwanese business to China Life Insurance (Insurance Business Review)
French insurance giant AXA has confirmed that it intends to sell its Taiwan-based life insurance company Winterthur Life Taiwan Branch to China Life Insurance Company. According to Reuters, the total purchase price will amount to $12.2 million.

The Penn Mutual Life Insurance Company Introduces Accumulation Builder Indexed Universal Life Insurance (Business Wire via Yahoo! Finance)
HORSHAM, Pa.----To meet the growing demand for life insurance products that offer the potential for additional cash value accumulation without the risks of variable universal life insurance, The Penn Mutual Life Insurance Company and its wholly owned subsidiary, The Penn Insurance & Annuity Company, have added Accumulation Builder Indexed Universal Life to their competitive line of life ...

A.M. Best Affirms Ratings of Sony Life Insurance Company Ltd. (Business Wire via Yahoo!7 Finance)
A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating (ICR) of "aa-" of Sony Life Insurance Company Ltd. (Sony Life) (Japan). The outlook for both ratings is stable.