Latest Life Insurance Settlements News Update December 31, 2007 at 04:27 PM

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Bodies point to Alaska's past (BBC News) Sea erosion brings


Bodies point to Alaska's past (BBC News)
Sea erosion brings an urgency to archaeologists' work, as bodies emerge on the shoreline of northern Alaska.

Top Scoops (Scoop.co.nz)
MEPHISTO, the demon who bought the soul of Faust in Goethe's monumental drama, describes himself as "a part of that force which always wants the bad and always creates the good."

Israel's 2007 victims civilians, Gazans (Kavkaz Center)
Palestinians civilians and the residents of the impoverished Gaza Strip bore the brunt of the Israeli military juggernaut in 2007, an Israeli human rights watchdog concluded in its annual report released on Monday, December 31.

HDFC to sell 7.15% in life venture to foreign partner


HDFC to sell 7.15% in life venture to foreign partner (The Hindu)
Mumbai, Dec. 31 Housing finance company HDFC said on Monday that it has agreed to sell 7.15 per cent stake in its life insurance joint venture - HDFC Standard Life Insurance Company - to its foreign partner, Standard Life (Mauritius Holdings), at a pre-agreed price.

HDFC sells 7.15 pct in life JV to partner (Reuters via Yahoo! India News)
MUMBAI (Reuters) - Indian mortgage-lender Housing Development Finance Corp said on Monday it has sold 7.15 percent in its life insurance joint venture to partner Standard Life (Mauritius Holdings) 2006 Ltd for an undisclosed sum.

Aegon wraps up deals to buy insurance companies (BizJournals)
Insurance and investment firm Aegon has completed the purchase of two life insurance companies from Merrill Lynch for $1.25 billion in cash. (AEG) (ML)

Standard Life says to IPO Indian JV (Reuters via Yahoo! India News)
MUMBAI/LONDON (Reuters) - UK insurer Standard Life and Indian mortgage-lender Housing Development Finance Corp said they planned to float part of their life insurance joint venture in India before the end of 2009.

Indiabulls, Sogecap ink insurance JV (Hindustan Times via Yahoo! India


Indiabulls, Sogecap ink insurance JV (Hindustan Times via Yahoo! India News)
India's life insurance sector is set for further momentum, as Indiabulls plans foray into the business in early 2008. Indiabulls Financial Services has signed of an MOU with Sogecap, the insurance arm of Societe Generale (Soc Gen) to set up a life insurance joint venture.

USIC Life Insurance to Launch New Product (PRWeb via Yahoo! News)
USIC's new product complements life, health and long-term care insurance; provides financial support for the treatment of life-threatening diseases

Indiabulls, SocGen in life insurance JV (The Times of India)
Indiabulls group has signed a joint venture agreement with the life insurance arm of the French major Societe Genarale for its life insurance foray.

Peachtree Secures Second Tranche of $45 Million Facility for Life


Peachtree Secures Second Tranche of $45 Million Facility for Life Insurance Premium Finance (Centre Daily Times)
Peach Holdings, Inc. ("Peachtree") announced that it closed on the second tranche of a $45 Million credit facility for use in its growing life insurance premium finance business. This credit facility will be used to fund the firm's Senior Leverage Policy Ownership business. This business works with individuals and their estate planners to use the leveraged ownership of life insurance as part of ...

USIC Life Insurance to Launch New Product (PRWeb via Yahoo! News)
USIC's new product complements life, health and long-term care insurance; provides financial support for the treatment of life-threatening diseases

Indiabulls, SocGen in life insurance JV (The Times of India)
Indiabulls group has signed a joint venture agreement with the life insurance arm of the French major Societe Genarale for its life insurance foray.

Bargaining for insurance (Wapakoneta Daily News)
Sheriff s Office deputies lobby for life insurance policies in new contracts By KAREN CAMPBELL Staff Writer Deputies will have life insurance policies, according to tentative collective bargaining agreements between the Ohio Patrolmen s Benevolent Association (OPBA) and the county.

West Virginia newspapers speak (Charleston Daily Mail) The state Regional


West Virginia newspapers speak (Charleston Daily Mail)
The state Regional Jail and Correctional Facility Authority has decided to reduce the daily fee it charges counties for housing prisoners at regional jails from $48.50 per inmate to $47.53, beginning next July 1.

My Johor: A quiet life alongside the hustle and bustle (The New Straits Times)
Yahya Shahdan, 61, has been Kampung Senibong village chief for the last 20 years. KAMPUNG Senibong is one of a handful of traditional fishing villages still surviving amid the increasingly urbanised Johor Baru.

Corzine crash, Imus, battlin' McGreeveys mark 2007 in New Jersey (phillyburbs.com)
ATLANTIC CITY, N.J. - Two of New Jersey's top stories of 2007 collided _ literally _ when Gov. Jon Corzine was speeding to a meeting between the Rutgers women's basketball team and radio shock jock Don Imus, who had trashed the players on the air as "nappy-headed hos."

Bargaining for insurance (Wapakoneta Daily News) Sheriff s Office deputies lobby


Bargaining for insurance (Wapakoneta Daily News)
Sheriff s Office deputies lobby for life insurance policies in new contracts By KAREN CAMPBELL Staff Writer Deputies will have life insurance policies, according to tentative collective bargaining agreements between the Ohio Patrolmen s Benevolent Association (OPBA) and the county.

Peachtree Secures Second Tranche of $45 Million Facility for Life Insurance Premium Finance (Centre Daily Times)
Peach Holdings, Inc. ("Peachtree") announced that it closed on the second tranche of a $45 Million credit facility for use in its growing life insurance premium finance business. This credit facility will be used to fund the firm's Senior Leverage Policy Ownership business. This business works with individuals and their estate planners to use the leveraged ownership of life insurance as part of ...

A.M. Best Takes Various Rating Actions on the Public Data


A.M. Best Takes Various Rating Actions on the Public Data Ratings of Several U.K. Life Insurers (Centre Daily Times)
A.M. Best Co. has taken various rating actions on the Public Data Ratings (pd ratings) of several U.K. life insurance companies and pension fund managers. (For a complete list of ratings, see list below).

Smokers Can Afford Life Insurance (The Bradford Era)
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.

Abbas to seek Rice's help in halting settlements (The Daily


Abbas to seek Rice's help in halting settlements (The Daily Star Lebannon)
Palestinian President Mahmoud Abbas will demand a clear commitment for a freeze on all Israeli settlement construction at a summit with Israeli Prime Minister Ehud Olmert, appealing for help from US Secretary of State Condoleezza Rice, an aide said Wednesday. The Thursday summit would be the first since the two sides agreed.

Peachtree Secures Second Tranche of $45 Million Facility for Life Insurance Premium Finance (Centre Daily Times)
Peach Holdings, Inc. ("Peachtree") announced that it closed on the second tranche of a $45 Million credit facility for use in its growing life insurance premium finance business. This credit facility will be used to fund the firm's Senior Leverage Policy Ownership business. This business works with individuals and their estate planners to use the leveraged ownership of life insurance as part of ...

Peachtree Secures Second Tranche of $45 Million Facility for Life Insurance Premium Finance (Business Wire via Yahoo! Finance)
BOYNTON BEACH, Fla.----Peach Holdings, Inc. announced that it closed on the second tranche of a $45 Million credit facility for use in its growing life insurance premium finance business.

Modern technology will bring Clarke s past to life (Winchester Star)
Berryville Sound and vision will tell Clarke County s story of land conservation.

Peachtree Secures Second Tranche of $45 Million Facility for Life


Peachtree Secures Second Tranche of $45 Million Facility for Life Insurance Premium Finance (Centre Daily Times)
Peach Holdings, Inc. ("Peachtree") announced that it closed on the second tranche of a $45 Million credit facility for use in its growing life insurance premium finance business. This credit facility will be used to fund the firm's Senior Leverage Policy Ownership business. This business works with individuals and their estate planners to use the leveraged ownership of life insurance as part of ...

Protect Your Future Income With Disability Insurance (TheStreet.com)
Here's why disability insurance is more important than life, health and auto insurance.

(AFX UK Focus) 2007-12-26 02:54 GMT: Allianz China insurance JV


(AFX UK Focus) 2007-12-26 02:54 GMT: Allianz China insurance JV wins approval to establish Shanghai branch (Interactive Investor)
BEIJING (XFN-ASIA) - The China Insurance Regulatory Commission (CIRC) said it has given its approval to Allianz China Life Insurance Co to set up a branch in Shanghai.

Murdered wife had $1 million life insurance policy (KOMO Seattle)
Christopher Vaughn, a former Sammamish man charged with fatally shooting his wife and children was the beneficiary listed on her $1 million life insurance policy, according to testimony at an estate hearing.

Smokers Can Afford Life Insurance (The Bradford Era)
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.

Security National acquires Capital Reserve Life policies (Deseret Morning News)
Security National Financial Corp., based in Salt Lake City, has closed on its acquisition of Capital Reserve Life Insurance Co., based in Jefferson City, Mo.

Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL


Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL Life Settlements Model Act (wallstreet:online AG)
The Life Insurance Finance Association applauds the adopted amendments to The National Conference

Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL Life Settlements Model Act (Business Wire via Yahoo! Finance)
SAN DIEGO----The Life Insurance Finance Association applauds the adopted amendments to The National Conference of Insurance Legislators Life Settlements Model Act, which was adopted unanimously, reflecting the collaboration of all parties.

TUESDAY, DECEMBER 25, 2007 11:59 MECCA TIME, 8:59 GMT (Aljazeera)
There are no main images. A normally empty Manger Square was filled beyond capacity on Christmas day as thousands of Palestinians, dignitaries and foreigners descended on the little town of Bethlehem to welcome Michel Sabah the Latin Patriarch of Jerusalem.

Accused husband had $1 million life insurance policy on his


Accused husband had $1 million life insurance policy on his wife (The Pantagraph)
YORKVILLE, Ill. -- A man charged with fatally shooting his wife and children was the beneficiary on his wife s $1 million life insurance policy. Testimony during an estate hearing Friday revealed details of Christopher and Kimberly Vaughn s life insurance policies.

Accused husband had $1 million life insurance policy on his wife (Chicago Tribune)
A man charged with fatally shooting his wife and children was the beneficiary on his wife's $1 million life insurance policy.

Smart Life Insurance Shoppers Going Online (Benton Evening News)
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.

Accused St. Charles husband had $1 million life insurance policy


Accused St. Charles husband had $1 million life insurance policy on his wife (KMOV St. Louis)
(KMOV)- A St. Charles native charged with murdering his wife and children is the beneficiary listed on his wife's $1 million life insurance policy. Christopher Vaughn pleaded not guilty in the June 2007 deaths of his wife, Kimberly, and their three young children.

Life settlements and charitable giving (Lancaster Online)
A life settlement is a financial transaction in which the owner of a life insurance policy sells an unneeded or unwanted life insurance policy to a third party for more than the cash value offered by the life insurance company but less than its net death benefit. The average life settlement pays ...

Insurance and Transport (Mondaq) After 16 months of debate, the


Insurance and Transport (Mondaq)
After 16 months of debate, the National Conference of Insurance Legislators (NCOIL) has adopted an amended Life Settlements Model Act (Model Act). The Model Act was unanimously adopted during NCOIL's Annual Meeting in November.

Peachtree Life Settlements Renews Life Settlement Facilities (Business Wire via Yahoo! Finance)
BOYNTON BEACH, Fla.----Peachtree Life Settlements announces that it has recently renewed two credit facilities for the acquisition of life settlements. Together, these credit facilities total $500 million and allow for the acquisition of approximately $900 million of policy death benefits.

Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL Life Settlements Model Act (wallstreet:online AG)
The Life Insurance Finance Association applauds the adopted amendments to The National Conference

Pilgrimageto the past (The Wichita Eagle)
Welcome to the Monastic Republic of Holy Mount Athos. Please set your calendar back a thousand years. Clocks here run on Byzantine time, which starts at sunset. Dates are calculated according to the Julian calendar of the Roman Empire, which differs by 13 days from the modern Gregorian calendar you're used to. Some settlements are supplied solely by mule teams, and the flag of Byzantium still ...

Accused husband had $1 million life insurance policy on his


Accused husband had $1 million life insurance policy on his wife (Chicago Tribune)
A man charged with fatally shooting his wife and children was the beneficiary on his wife's $1 million life insurance policy.

Accused St. Charles husband had $1 million life insurance policy on his wife (KMOV St. Louis)
(KMOV)- A St. Charles native charged with murdering his wife and children is the beneficiary listed on his wife's $1 million life insurance policy. Christopher Vaughn pleaded not guilty in the June 2007 deaths of his wife, Kimberly, and their three young children.

Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL


Statement: Life Insurance Finance Association Supports Adoption of Revised NCOIL Life Settlements Model Act (Business Wire via Yahoo! Finance)
SAN DIEGO----The Life Insurance Finance Association applauds the adopted amendments to The National Conference of Insurance Legislators Life Settlements Model Act, which was adopted unanimously, reflecting the collaboration of all parties.

NEW: Vaughn had $1M insurance on his wife (The Naperville Sun)
Christopher Vaughn of Oswego who is charged with killing his wife and three children was the beneficiary on his wife's $1 million life insurance policy.

Empire Life Insurance names new CEO (Insurance Business Review)
The Empire Life Insurance Company has announced the appointment of Leslie Herr as the president and CEO of the company, effective April 1, 2008.

Life Denied: Nurses, Family of Sick Teen March on Health Insurance Company Thursday (Business Wire via Yahoo! Finance)
GLENDALE, Calif.----Registered nurses, family and concerned community members will march on the corporate offices of health insurance giant CIGNA in Glendale this Thursday to protest the company's denial of a life-saving liver transplant for 17-year-old Nataline Sarkisyan, the California Nurses Association/National Nurses Organizing Committee announced today.

5742, or e-mail your request to (InfoBolsa) 21/12/2007 16:29:00 Business


5742, or e-mail your request to (InfoBolsa)
21/12/2007 16:29:00 Business Wire The sale at auction of Aon Corp. s life/health operations is the culmination of three companies coming together to pursue very different ideas about how to manage future growth, according to a story in BestWeek U.S./Canada.

Noticias Infobolsa / Titulares (InfoBolsa)
Statement: Life Insurance Finance Association Supports Adoption of . Revised NCOIL Life Settlements Model Act Revised NCOIL Life Settlements Model Act 21/12/2007 17:00:00 Business Wire The Life Insurance Finance Association applauds the adopted amendments to The National Conference of Insurance Legislators (NCOIL) Life Settlements Model Act, which was adopted unanimously, reflecting the ...

(AFX UK Focus) 2007-12-21 05:03 GMT: Mutual of America Life


(AFX UK Focus) 2007-12-21 05:03 GMT: Mutual of America Life Insurance Co 'AA-' IFSR affirmed, outlook stable - Fitch (Interactive Investor)
MUMBAI (Thomson Financial) - Fitch Ratings said it has affirmed Mutual of America Life Insurance Co's (MOA) insurer financial strength rating (IFSR) at 'AA-' with a stable outlook.

Insurance and Transport (Mondaq)
After 16 months of debate, the National Conference of Insurance Legislators (NCOIL) has adopted an amended Life Settlements Model Act (Model Act). The Model Act was unanimously adopted during NCOIL's Annual Meeting in November.

Life Insurance Companies Facing Pressure to Enhance Financial Management Systems, Watson Wyatt Experts Say (PR Newswire via Yahoo! Finance)
Life insurance companies will be under growing pressure to enhance their financial management system capabilities as they face changing financial reporting requirements and more extensive risk management challenges in 2008, according to insurance actuarial and risk management experts at Watson Wyatt Worldwide, a leading global consulting firm.

Term Life Insurance Now Less Expensive (Benton Evening News)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

Empire Life Insurance names new CEO (Insurance Business Review) The


Empire Life Insurance names new CEO (Insurance Business Review)
The Empire Life Insurance Company has announced the appointment of Leslie Herr as the president and CEO of the company, effective April 1, 2008.

Term Life Insurance Now Less Expensive (Benton Evening News)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

Next President and Chief Executive Officer Named for The Empire Life Insurance Company (Marketwire via Yahoo! Finance)
Mr. Duncan N.R. Jackman, Chairman of the Board of Directors of The Empire Life Insurance Company is pleased to announce the appointment of Mr. Leslie C. Herr, MBA, CFP, CLU, CH.F.C., as President and Chief Executive Officer of The Empire Life Insurance Company, effective April 1, 2008.

Life Denied: California Nurses, Family of Sick Teen March on Health Insurance Company Thursday (PR Newswire via Yahoo! Finance)
Registered nurses, family and concerned community members will march on the corporate offices of health insurance giant CIGNA in Glendale this Thursday to protest the company's denial of a life-saving liver transplant for 17-year-old Nataline Sarkisyan, the California Nurses Association/National Nurses Organizing Committee announced today.

Corzine crash, Imus, battlin' McGreeveys mark 2007 in New Jersey


Corzine crash, Imus, battlin' McGreeveys mark 2007 in New Jersey (phillyburbs.com)
ATLANTIC CITY, N.J. - Two of New Jersey's top stories of 2007 collided _ literally _ when Gov. Jon Corzine was speeding to a meeting between the Rutgers women's basketball team and radio shock jock Don Imus, who had trashed the players on the air as "nappy-headed hos."

EPA: Brayton Point deal to pare heat, water flow by 95% (Providence Business News)
BOSTON A settlement between the U.S. Environmental Protection Agency and Dominion Energy Brayton Point LLC, endorsed by the State of Rhode Island and Commonwealth of Massachusetts, has paved the way for the Somerset plant to install new cooling towers to protect sea life in Mount Hope Bay and Narragansett Bay, the federal agency said.

North Coast Life Insurance Company Announces Suspension of Preferred Stock


North Coast Life Insurance Company Announces Suspension of Preferred Stock Dividend Payment; Increases Conversion Factor (Business Wire via Yahoo! Finance)
SPOKANE, Wash.----North Coast Life Insurance Company announced today that it is suspending the December 31, 2007, quarterly dividend on its 10% Series A Preferred Stock.

Life Insurance Companies Facing Pressure to Enhance Financial Management Systems, Watson Wyatt Experts Say (PR Newswire via Yahoo! Finance)
Life insurance companies will be under growing pressure to enhance their financial management system capabilities as they face changing financial reporting requirements and more extensive risk management challenges in 2008, according to insurance actuarial and risk management experts at Watson Wyatt Worldwide, a leading global consulting firm.

Life insurance to be regulated alongside protection products in new Icob (Money Marketing Online)
Life insurance will continue to be regulated alongside protection products according to the new Insurance Conduct of Business sourcebook published today.

Next President and Chief Executive Officer Named for The Empire Life Insurance Company (Marketwire via Yahoo! Finance)
Mr. Duncan N.R. Jackman, Chairman of the Board of Directors of The Empire Life Insurance Company is pleased to announce the appointment of Mr. Leslie C. Herr, MBA, CFP, CLU, CH.F.C., as President and Chief Executive Officer of The Empire Life Insurance Company, effective April 1, 2008.

Aon to Sell Combined Insurance Co., Sterling Life Insurance (Insurance


Aon to Sell Combined Insurance Co., Sterling Life Insurance (Insurance Journal)
Aon Corp. (NYSE:AOC) announced that it has signed separate definitive agreements to sell its Combined Insurance Co. of America (CICA) and Sterling Life Insurance Co. (Sterling). The Sterling transacti

Aon to sell Combined Insurance and Sterling Life (Insurance Business Review)
Aon Corporation, a provider of risk and insurance brokerage services, has signed separate definitive agreements to sell its Combined Insurance Company of America to ACE for cash consideration of $2.4 billion and Sterling Life Insurance Company to Munich Re Group for cash consideration of $352 million.

Smokers Can Afford Life Insurance (Benton Evening News)
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.

Life insurance firms net 70% growth in premium income (The Jakarta Post)
The Indonesian Life Insurance Association (AAJI) recorded a 70 percent increase in total premium income for the country's insurance companies to Rp 32.4 trillion (about US$3.4 billion) during the first nine months this year from Rp 18.9 trillion last year.

INDONESIAN LIFE INSURANCE COS POST 90% RISE IN PREMIUM INCOME


INDONESIAN LIFE INSURANCE COS POST 90% RISE IN PREMIUM INCOME (Asia Pulse via Yahoo!7 Finance)
Insurance

Life insurance firms net 70% growth in premium income (The Jakarta Post)
The Indonesian Life Insurance Association (AAJI) recorded a 70 percent increase in total premium income for the country's insurance companies to Rp 32.4 trillion (about US$3.4 billion) during the first nine months this year from Rp 18.9 trillion last year.

Smokers Can Afford Life Insurance (Benton Evening News)
(ARA) - If you've been putting off shopping for life insurance because you're a smoker, or think you are paying exorbitant premiums because of your habit, it's time to start shopping around.

Bring them Home, Gradually (Middle East Online) Evacuating Israeli settlements


Bring them Home, Gradually (Middle East Online)
Evacuating Israeli settlements gradually is one of the lessons of the evacuation from the Gaza Strip, and it can reduce some of the drama and trauma of a general evacuation following a political agreement, notes the Ha'aretz editorial .

In Life, Politics, Edwards Relights Fire (AP via Yahoo! News)
Sheer will has taken John Edwards far, but only so far. His is the storybook life, still waiting for the storybook ending.

Dynegy Completes Sale of Interest in Plum Point Facility to


Dynegy Completes Sale of Interest in Plum Point Facility to John Hancock Life Insurance Company (Finanzen.net)
Dynegy Inc. (NYSE:DYN) today announced the completion of the sale of a portion of the company s indirect interest in Plum Point Energy Associates, LLC (PPEA) to John Hancock Life Insurance Company for $82 million in cash. PPEA owns ...

UTI, SBI MFs to manage post office life insurance funds (Indian Express Finance via Yahoo! India News)
The government has appointed two public sector mutual funds, UTI MF and SBI MF as fund managers for the corpus with Post Office Life Insurance Fund (POLIF) and Rural Post Office Life Insurance Fund (RPOLIF). The two rural insurance entities have a corpus of Rs 8,934 crore and Rs 1,625 crore, respectively. The decision, which was taken by the Cabinet at its meeting on Thursday, could lead to ...

UTI, SBI MFs to manage post office life insurance funds (Express India)
The government has appointed two public sector mutual funds, UTI MF and SBI MF as fund managers for the corpus with Post Office Life Insurance Fund and Rural Post Office Life Insurance Fund.

Term Life Insurance Now Less Expensive (Benton Evening News) (ARA)


Term Life Insurance Now Less Expensive (Benton Evening News)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

UTI, SBI MFs to manage post office life insurance funds (Indian Express Finance via Yahoo! India News)
The government has appointed two public sector mutual funds, UTI MF and SBI MF as fund managers for the corpus with Post Office Life Insurance Fund (POLIF) and Rural Post Office Life Insurance Fund (RPOLIF). The two rural insurance entities have a corpus of Rs 8,934 crore and Rs 1,625 crore, respectively. The decision, which was taken by the Cabinet at its meeting on Thursday, could lead to ...

ING Vysya Life Insurance to inject Rs 100 Cr equity in December (New Kerala)
Bangalore, Dec 14: Registering a faster growth than industry average, ING Vysya Life Insurance (IYL) today announced infusion of Rs 100 crore fresh equity this month, ahead of the launch of a series of new life term insurance policies in the first quarter of 2008.

Dynegy Completes Sale of Interest in Plum Point Facility to John Hancock Life Insurance Company (Finanzen.net)
Dynegy Inc. (NYSE:DYN) today announced the completion of the sale of a portion of the company s indirect interest in Plum Point Energy Associates, LLC (PPEA) to John Hancock Life Insurance Company for $82 million in cash. PPEA owns ...

In Life, Politics, Edwards Relights Fire (The San Luis Obispo


In Life, Politics, Edwards Relights Fire (The San Luis Obispo Tribune)
Sheer will has taken John Edwards far, but only so far. His is the storybook life, still waiting for the storybook ending. His drive got him onto the football field at Clemson, an improbable achievement for a walk-on player without much bulk. But he wasn't big enough or rich enough to stay on the team or at the school. His will - if not hubris - powered his presidential run in 2004 and won him ...

Peachtree Life Settlements obtains license in Georgia (Insurance Business Review)
Peachtree Life Settlements has announced that the Georgia Department of Insurance has granted it a life settlement provider license.

Perhaps There?s Some Life in the Old Corpus Yet (New York Times)
Nicholas Ostler's history charts Latin's rise and fall. Harry Mount's short primer makes a passionate case for studying the language.

In Life, Politics, Edwards Relights Fire (AP via Yahoo! News)
Sheer will has taken John Edwards far, but only so far. His is the storybook life, still waiting for the storybook ending.

Cabinet gives nod to operationalisation of investment function of Post


Cabinet gives nod to operationalisation of investment function of Post Office Life Insurance Fund (ANI via Yahoo! India News)
New Delhi, Dec 13 (ANI): The Union Cabinet today gave its approval for the operationalisation of the investment function of the Post Office Life Insurance Fund (POLIF) and the Rural Post Office Life Insurance Fund (RPOLIF). "The Cabinet gave its approval for appointing two Public Sector Mutual Funds, namely, UTI MF and SBI MF, for investment of Post Office Life Insurance Fund (POLIF) and ...

ING Vysya Life Insurance to inject Rs 100 Cr equity in December (New Kerala)
Bangalore, Dec 14: Registering a faster growth than industry average, ING Vysya Life Insurance (IYL) today announced infusion of Rs 100 crore fresh equity this month, ahead of the launch of a series of new life term insurance policies in the first quarter of 2008.

UTI Mutual, SBI MF to manage postal life insurance monies (The Hindu)
New Delhi, Dec 13 UTI Mutual Fund and SBI Mutual Fund have been given the mandate to manage the funds mobilised under the life insurance services provided through the post offices network.

Fairer tax rules for the life insurance business (Scoop.co.nz)
A government discussion document released today sets out proposals for fairer taxation of the life insurance business.

Fairer tax rules for the life insurance business (Scoop.co.nz) A


Fairer tax rules for the life insurance business (Scoop.co.nz)
A government discussion document released today sets out proposals for fairer taxation of the life insurance business.

UTI, SBI MFs to manage post office life insurance funds (Express India)
The government has appointed two public sector mutual funds, UTI MF and SBI MF as fund managers for the corpus with Post Office Life Insurance Fund and Rural Post Office Life Insurance Fund.

Cabinet gives nod to operationalisation of investment function of Post Office Life Insurance Fund (ANI via Yahoo! India News)
New Delhi, Dec 13 (ANI): The Union Cabinet today gave its approval for the operationalisation of the investment function of the Post Office Life Insurance Fund (POLIF) and the Rural Post Office Life Insurance Fund (RPOLIF). "The Cabinet gave its approval for appointing two Public Sector Mutual Funds, namely, UTI MF and SBI MF, for investment of Post Office Life Insurance Fund (POLIF) and ...

Increases in Contract Volume and Complexity Major Concerns for Life


Increases in Contract Volume and Complexity Major Concerns for Life Sciences Organizations (PRWeb)
Annual Revenue Management Survey reveals manufacturers are struggling to reduce government pricing risks and reign in lost revenue. (PRWeb Dec 11, 2007) Post Comment:Trackback URL: http://www.prweb.com/pingpr.php/SGFsZi1Ib3JyLU1hZ24tU3VtbS1UaGlyLVplcm8=

Upstart sees opportunity in life insurance settlements (BizJournals)
Is the life settlement industry still somewhat of a mystery to you? Here are two possible reasons why:

Twist on life insurance rivals subprime mess (Everett Herald)
In the midst of its ill-considered effort to impose some discipline on the American colonies through legislation, the British Parliament also spent some time pondering the growing insurance industry headquartered in London. The result, in 1774, was the Life Assurance Act.

Iraq: Can We Guard What We've Gained? (Foreign Relations)
Last month I returned from my second trip to Iraq this year. Like many observers, I was struck by the changes since the spring. Baghdad neighborhoods that were no-go zones in March are coming back to life. Parts of Diyala province that were too dangerous to visit then are now secure.

SBI Life enters micro insurance, launches 2 new products (Deepika)


SBI Life enters micro insurance, launches 2 new products (Deepika)
Mumbai, Dec 11 (UNI) SBI Life Insurance has entered into micro insurance by launching two new products -- Grameen Super Suraksha and Grameen Shakti -- for the economically underpriveleged of rural India.

Term Life Insurance Now Less Expensive (Benton Evening News)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

SBI Holdings, AXA Japan to set up life insurance jv


SBI Holdings, AXA Japan to set up life insurance jv (Antara News)
SBI Holdings Inc. (TSE:8473) and the Axa Japan Holding Co. said they will increase by Y5 billion ($US44.82 million) the capitalization of a company tasked with preparations for the establishment of their life insurance joint venture. The payment date is scheduled for Dec. 21.

SBI Life enters micro insurance, launches 2 new products (Deepika)
Mumbai, Dec 11 (UNI) SBI Life Insurance has entered into micro insurance by launching two new products -- Grameen Super Suraksha and Grameen Shakti -- for the economically underpriveleged of rural India.

Nascent life insurance market bolsters Chinese insurer (International Herald Tribune)


Nascent life insurance market bolsters Chinese insurer (International Herald Tribune)
Analysts estimate that earnings at Ping An Insurance (Group) will double in 2007 for a second straight year. Some 1.25 billion people in China have yet to buy insurance.

British man charged with life insurance fraud after mystery return (Seattle Times)
A British man who was declared dead after disappearing at sea five years ago masterminded an elaborate life insurance fraud to pay off family...

Study This Comprehensive Profile on the Life Insurance Industry in South Africa Today (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of Life Insurance in South Africa to their offering.

Research and Markets: Study the Latest Five Year Forecasts for the Life Insurance Market in Denmark (Business Wire via Yahoo! Finance)
DUBLIN, Ireland----Research and Markets has announced the addition of Datamonitor's new report: Life Insurance in Denmark to their offering.

Mean streets hold little magic for young African 'witches' (International


Mean streets hold little magic for young African 'witches' (International Herald Tribune)
In parts of Angola, Congo and the Congo Republic, a surprising number of children are identified as witches and beaten, abused or abandoned.

Twist on life insurance rivals subprime mess (Everett Herald)
In the midst of its ill-considered effort to impose some discipline on the American colonies through legislation, the British Parliament also spent some time pondering the growing insurance industry headquartered in London. The result, in 1774, was the Life Assurance Act.

British police arrest wife of man accused of faking death


British police arrest wife of man accused of faking death in insurance scam (The Standard-Times)
MANCHESTER, England Police arrested a British woman on suspicion of fraud Sunday after she claimed her husband died five years earlier in a canoeing accident and cashed in his life insurance. The husband reappeared last weekend.

Max India To Pump In Over Rs. 1,950 Cr. In Max New York Life (Nasdaq)
(RTTNews) - Monday, the media reported that Max India Ltd, 74% stakeholder of Max New York Life Insurance Company, confirmed its plans to inject capital of over Rs. 1,950 crores within the next three years, as its shares of capital infusion required for the insurance business.

Sun Life expects premiums to hit Rp 1 trillion mark at year end (The Jakarta Post)
With a steady increase in premium income from investment linked insurance products, PT Sun Life Financial Indonesia says it is optimistic its premium income will hit the Rp 1 trillion mark this year.

State, industry step in to cover life insurance claims (Legislative


State, industry step in to cover life insurance claims (Legislative Gazette)
Gov. Eliot Spitzer had some good news last Tuesday for the nearly 11,000 insurance claimants dependent on annuities from the now defunct Executive Life Insurance Co. of New York.

Ask the mole: Which life insurance policy is right for you? (Money via Yahoo! Finance)
Question: What's the best type of life insurance? Should I buy term, whole life or universal insurance?

Delhi Panthers chief demands ban on Max New York Life Insurance (ANI via Yahoo! India News)
New Delhi, Dec.7 (ANI): The President of the Delhi unit of the National Panthers Party, Sanjoy Sachdev, today demanded a ban of Max Newyork Life Insurance Company Limited's operations in the country, as it had blatantly violated the norms and guidelines of the Insurance Regulatory and Development Authority regarding the mandatory 100 hours training for insurance agents. Sachdev made this ...

For life insurance after retirement, plan ahead (The Cincinnati Enquirer)
Last week I explained some reasons why many older people choose to carry life insurance into retirement. Among the reasons:

Insurers Push For Tighter Resale Rules (Investor's Business Daily via


Insurers Push For Tighter Resale Rules (Investor's Business Daily via Yahoo! News)
If you want to sell your life insurance, you may have to hurry.

BestWeek: Skewed Mortality Projections Grave Concern for Life Settlement Investors (wallstreet:online AG)
Institutions with millions of dollars at stake in the life insurance settlement industry have some

Life insurance ruling | Appeals court ruling on viaticals stands (The State)
WASHINGTON The Supreme Court declined Monday to rule on a case that tests whether states can regulate the sale of life insurance by policyholders to investors, a practice known as viatical or life settlements. Under viatical settlements, individuals sell their life-insurance policies for less than face value to third parties, including investors such as hedge funds, in order to realize an ...

Only 1 suicide bombing hit Israel so far this year (McClatchy Newspapers via Yahoo! News)
JERUSALEM It's the kind of milestone many Israelis, for fear of jinxing it, are reluctant to acknowledge: 2007 is on track to become the safest year in Israel since before the second Palestinian uprising more than seven years ago.

Aegon N.V.: Finalises Taishin Life Insurance Deal (Nasdaq) LONDON -(Dow


Aegon N.V.: Finalises Taishin Life Insurance Deal (Nasdaq)
LONDON -(Dow Jones)- Taishin Financial Holding Co. Ltd. and AEGON N.V. said Friday that they have finalized a joint venture agreement to develop and distribute life insurance and pension products in Taiwan.

Taiwan's Taishin, Aegon ink contract for life insurance jv (Sharewatch)
TAIPEI (XFN-ASIA) - Taishin Financial Holding Co Ltd (2888.TW) said it and Aegon Taiwan Holding BV have signed a contract to establish a life insurance joint venture pending regulatory approval.

Delhi Panthers chief demands ban on Max New York Life Insurance (New Kerala)
New Delhi, Dec.7 : The President of the Delhi unit of the National Panthers Party, Sanjoy Sachdev, today demanded a ban of Max Newyork Life Insurance Company Limited's operations in the country, as it had blatantly violated the norms and guidelines of the Insurance Regulatory and Development Authority regarding the mandatory 100 hours training for insurance agents.

Term Life Insurance Now Less Expensive (Richfield Reaper)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

AIG Wins Life Insurance License in Qatar (AP via Yahoo!


AIG Wins Life Insurance License in Qatar (AP via Yahoo! Finance)
American International Group Inc. said Thursday one of its units obtained a retail life insurance license in Qatar. AIG's life insurance subsidiary, American Life Insurance Co., obtained a permit from the Qatar Financial Centre Regulatory Authority to sell life insurance.

AIG's American Life Insurance Company Wins License to Operate a Retail Life Insurance Business in Qatar (FinanzNachrichten)
American Life Insurance Company (ALICO), a member company of American International Group, Inc. (AIG), announced today that it has been granted a license by the Qatar Financial Centre (QFC) Regulatory Authority to operate a retail life insurance business in the Qatar Financial Centre.

Dead wife's $100,000 life insurance 'paid debts' (News Interactive)
THERE is strong evidence to suggest a man murdered his wife to use her $100,000 life insurance to solve his farm debts, a court has been told.

Insurers agree to bail out Executive Life (Crain's New York


Insurers agree to bail out Executive Life (Crain's New York Business)
The industry agreed to guarantee some $750 million in future annuity payouts delivered through beleaguered Executive Life Co. of New York.

Violence threatens Darfur camps (BBC News)
A proliferation in the number of armed militia groups here has led to a new wave of violence that is hitting the millions inside the region's refugee camps, writes the BBC's Mike Thomson.

Court Won't Hear Life Insurance Sales Case (WTOP Radio Network)
The Supreme Court declined Monday to rule on a case that tests whether states such as Virginia can regulate the sale of life insurance by policyholders to investors, a practice known as "viatical" or life settlements.

Term Life Insurance Now Less Expensive (Benton Evening News) (ARA)


Term Life Insurance Now Less Expensive (Benton Evening News)
(ARA) - If you have been thinking about getting term life insurance, now's a great time to start shopping because life insurance rates are declining rapidly.

Union Bank, BoI, Dai-ichi float life insurance JV (Business Standard India)
Union Bank of India, Bank of India and Japan-based Dai-ichi Mutual Life Insurance today floated a life insurance joint venture company with an initial authorised capital of Rs 250 crore.

Insurance group warns seniors about possible life insurance scam (Port Clinton News Herald)
COLUMBUS -- Ohio Department of Insurance Director Mary Jo Hudson has issued a consumer alert advising consumers be cautious when considering a "Stranger/Investor Originated Life Insurance" life settlement arrangement.

North American life insurance activity off slightly in October, says


North American life insurance activity off slightly in October, says MIB (Insurance Business Review)
MIB Life Index, the life insurance industrys measure of application activity across the US and Canada, has reported that North American application activity for individually underwritten life insurance was down slightly in October by 0.9% year-over-year and year-to-date US and Canadian application activity was down 2.9% compared to the same 10 months in 2006.

MetLife Securitizing Life Insurance (AP via Yahoo! Finance)
MetLife Inc. plans to transfer to investors the risk of claims on a basket of life insurance policies by selling bonds, the life insurer said in a filing with the Securities and Exchange Commission Wednesday.

Supreme Court lets stand Va. insurance law (Richmond Times-Dispatch) The


Supreme Court lets stand Va. insurance law (Richmond Times-Dispatch)
The Supreme Court declined to rule on a case that tests whether states such can regulate the sale of life insurance by policyholders to investors.

Landed gentry (The National)
SLEAZY land deals have been a feature of PNG life since independence. Periodically, the spotlight targets the subject and for a week or two, the community can target the faceless wheelers and dealers who infest our nation.

Sun Life launches affordable, sachetized insurance packages (Sun Star) WITH


Sun Life launches affordable, sachetized insurance packages (Sun Star)
WITH accidental death as one of the top five causes of mortality in the Philippines, Sun Life Financial Philippines (SLFP) launches two affordable, sachetized insurance products: Lakbay PROTXT and Family PROTXT.

Life insurance options create choices (BizJournals)
Bob White, an Allstate Insurance agent and owner of the White-Scorupski Agency in Williamsville, has some advice for individuals in the market for life insurance: You aren't getting any younger or healthier so the time to buy is now.

Court Won't Hear Life Insurance Sales Case (WTOP Radio Network)
The Supreme Court declined Monday to rule on a case that tests whether states such as Virginia can regulate the sale of life insurance by policyholders to investors, a practice known as "viatical" or life settlements.

Nigeria: Adejumo Canvasses Strategic Market for Life Insurance (AllAfrica.com)
Director of Continental Reinsurance Plc, Mr Adeyemo Adejumo has challenged life insurance companies in the country to adopt more proactive marketing strategies capable of turning the fortunes of life business around.

Supreme Court lets stand Virginia insurance law (WDBJ 7 Roanoke)


Supreme Court lets stand Virginia insurance law (WDBJ 7 Roanoke)
WASHINGTON (AP) - The U.S. Supreme Court declined today to rule on a case that tests whether states such as Virginia can regulate the sale of life insurance by policyholders to investors.

Coventry CEO Alan H. Buerger to Address Eighteenth Annual Executive Conference for the Life Insurance Industry on Dec. 6 (PR Newswire via Yahoo! Finance)
Coventry said today that Alan H. Buerger, Chief Executive Officer of Coventry, will speak at the Eighteenth Annual Executive Conference for the Life Insurance Industry on December 6 in New York City.

Olmert: Peace deadline not binding (USA Today) The prime minister


Olmert: Peace deadline not binding (USA Today)
The prime minister of Israel said no agreement can be reached until militant violence abates.

Settlements For Life Continues Extending Licensing Program To Additional States (PRWeb)
Settlements For Life is one of the most experienced brokers in the life settlement industry. Based on its reputation as a leader among financial professionals, they are often a first choice when it comes to managing senior client life settlement needs. Settlements For Life can always be counted on to negotiate the highest settlement offer available to the client. (PRWeb Nov 30, 2007) Post ...

Israel's premier rejects peace deadline (AP via Yahoo! News)
Prime Minister Ehud Olmert said Sunday that Israel is not bound by a December 2008 target for a peace agreement set at last week's U.S.-hosted Mideast summit, telling his Cabinet that progress will depend on the Palestinians' ability to rein in militants.

Namibia: Life Insurance - a Rip-Off? (AllAfrica.com) Earlier this year,


Namibia: Life Insurance - a Rip-Off? (AllAfrica.com)
Earlier this year, Members of Parliament had a debate about the role life insurance companies play in Namibia. This debate highlighted a number of concerns regarding the real value life insurance has for ordinary Namibians.

Smart Life Insurance Shoppers Going Online (Benton Evening News)
(ARA) - Unless you're a carefree, 20-something single with no debt and no property, chances are you've at least thought about buying life insurance.

Namibia: Life Insurance - a Rip-Off? (AllAfrica.com) Earlier this year,


Namibia: Life Insurance - a Rip-Off? (AllAfrica.com)
Earlier this year, Members of Parliament had a debate about the role life insurance companies play in Namibia. This debate highlighted a number of concerns regarding the real value life insurance has for ordinary Namibians.

State warns seniors against life insurance scam (WKYC Cleveland)
COLUMBUS -- The state is warning Ohio seniors about life insurance pitches that can be risky.

State warns seniors against life insurance scam (Lancaster Eagle-Gazette)
COLUMBUS, Ohio (AP ) The state warned consumers Friday about a predatory life insurance arrangement being pitched to seniors.

State warns seniors against life insurance scam (NBC 24 Toledo)
Posted: Friday, November 30, 2007 at 10:46 a.m. COLUMBUS, OH (AP) -- The state is warning Ohio seniors about life insurance pitches that can be risky.

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