Latest Life Insurance Settlements News Update January 09, 2009 at 04:50 AM

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Fitch Downgrades Primerica Life Insurance Company's IFS to 'AA-'; Outlook


Fitch Downgrades Primerica Life Insurance Company's IFS to 'AA-'; Outlook Negative (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has downgraded the insurer financial strength rating of Primerica Life Insurance Company to 'AA-' from 'AA', reflecting the downgrade of PLIC's ultimate parent, Citigroup Inc this morning.

Turmoil In Life Insurance Premium Financing Space Has Producers Calling On Finance For Life (PRWeb via Yahoo! News)
In an apparent shut down or delay in availability of funds, several funding sources are not currently funding life insurance premium finance loans.

Jackson National Life Insurance Q1 sales and deposits down (Insurance Business Review)
Jackson National Life Insurance Company has reported total sales and deposits of $3.5 billion, including retail sales and deposits of $2.7 billion, for the first quarter of 2008, compared to total sales and deposits of $3.7 billion, including a record $2.8 billion in retail sales and deposits for the first quarter of 2007.
 


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