IBM Grid Package Targets Insurance Industry (PC Magazine via Yahoo!
IBM Grid Package Targets Insurance Industry (PC Magazine via Yahoo! News)
Big Blue's Grid and Grow offering, which inludes blade servers and Director management software, will help life insurance companies with actuarial calculations.
Life-insurance firms push for removal of docu stamp tax (ABS-CBNNEWS.com)
Life-insurance companies, complaining of the heavy tax burden, have pushed for the abolition of documentary stamp taxes (DST) and premium taxes imposed on life insurance policies to spur further generation of long-term funds.
Fitch Withdraws Southern Security Life Insurance Co.'s Q-IFS Rating (Business Wire via Yahoo! Finance)
CHICAGO----July 28, 2006--Fitch Ratings has withdrawn its 'BBq' quantitative insurer financial strength rating on Southern Security Life Insurance Company. The company no longer meets Fitch's criteria to be eligible to receive a Q-IFS rating.