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MetLife to acquire life insurance unit from AIG for $15.5 bln (Vietnam Net)
Posted: March 9th, 2010, 8:02pm EST
MetLife Inc. is to acquire American International Group’s (AIG’s) overseas life and health insurance unit for 15.5 billion U.S. dollars, the company said Monday. -
Evolution of Life Insurance Industry to Accelerate, Says LOMA Survey (dBusinessNews.com)
Posted: March 9th, 2010, 7:25pm EST
ATLANTA -- The long-term outlook for the life insurance industry is for a faster pace of change, particularly in the use of technology. That was the conclusion of a survey of top industry executives by LOMA. -
Fitch Amends Various Jackson National Life Insurance Co. Subsidiary Ratings (Business Wire via Yahoo! Finance)
Posted: March 9th, 2010, 5:05pm EST
NEW YORK----The following Fitch Ratings press releases incorrectly stated that several Jackson National Life Insurance Co. subsidiaries carry Fitch Issuer Default Ratings : -
A.M. Best Downgrades Ratings of Atlanta Life Insurance Company; Places Ratings Under Review With Negative Implications (Business Wire via Yahoo! Finance)
Posted: March 9th, 2010, 2:37pm EST
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to B- from B and issuer credit rating to “bb-” from “bb+” of Atlanta Life Insurance Company . These ratings have been placed under review with negative implications. -
OnBase Helps Kansas City Life Insurance Company Get Nod as a 2010 Celent Model Insurer (PR Newswire via Yahoo! Finance)
Posted: March 9th, 2010, 8:16am EST
For insurers, it's one thing to find the right technology. Using it strategically to make a difference across the organization is quite another. Kansas City Life Insurance Company was able to make this happen when it identified a need for enterprise content management . -
CPA board OKs return of employees, retirees to govt life insurance (Saipan Tribune)
Posted: March 9th, 2010, 8:12am EST
All 192 employees and retirees of the Commonwealth Ports Authority will be returning to the Group Health Life Insurance after all. -
MetLife To Buy AIG's American Life Insurance Co. (Hartford Courant)
Posted: March 9th, 2010, 2:14am EST
American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government. -
China Life Insurance Says 2009 Profit To Triple (MalaysiaNews.net)
Posted: March 9th, 2010, 1:52am EST
HONG KONG -- China Life Insurance Co. shares were up 4% at midday in Hong Kong after the company said its net profit for 2009 could rise by 200% because of changes in accounting rules. In January, th... -
China Life Insurance Says 2009 Profit To Triple (Fox News)
Posted: March 9th, 2010, 12:23am EST
China Life Insurance Says 2009 Profit To Triple -
Idaho mothers need life insurance, too (The Idaho Statesman)
Posted: March 9th, 2010, 12:04am EST
Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos.