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11/18/2008 News For: Life Insurance For Older PeopleThis Essential 2008 Report on Ireland's Non-Life Insurance Industry is Now Available DUBLIN, Ireland----Research and Markets has announced the addition of the "Snapshots Ireland Non-Life Insurance 2008" report to their offering. ING Life Korea joins movement to raise money ING Group will boost the capital of its life insurance unit in Korea by 350 billion won $244 million by the end of December, the unit said in a statement yesterday. Insurers await Fed OK for cash amid capital drain NEW YORK Reuters - Life insurers, needing to rebuild capital after being drained by investment losses, are joining the long line of U.S. companies seeking to borrow under the government's $700 billion financial rescue program. IDBI Fortis Life opens branch in Chennai CHENNAI: IDBI Fortis Life Insurance has formally launched its branch in Chennai. The company, which started its operations in March this year, plans to have six branches in Tamil Nadu and 24 branches in the Southern region. IDBI Fortis Life ... (AFX UK Focus) 2008-11-18 08:12 UPDATE 1-ING's S.Korea insurer to raise $246 mln in capital SEOUL, Nov 18 Reuters - The South Korean insurance arm of ING will raise 350 billion won $245.8 million in fresh capital during the current quarter to strengthen its capital position, the unit said on Tuesday. The move by ING Life Insurance Korea would be via the sale of new subordinated bonds to ING Group, following the previous 400 billion won capital increase made in 2007. The insurance ... Court orders Manulife to pay dismissed officer P50m THE Supreme Court has ordered Manufacturers Life Insurance Inc. to pay an insurance agent almost P50 million in damages after establishing that there was an employer-employee relationship between the insurance company and the agent. Wis. Northwestern Mutual Agrees to Settle Lawsuit up to $92 Million Northwestern Mutual Life Insurance Co. has agreed to settle a class action lawsuit for up to $92 million. The lawsuit accused Northwestern Mutual of failing to pay dividends on certain term life p Lincoln, Aegon May Buy S&Ls With `Unsafe' Practices (Update1) Nov. 17 -- Four of the world's biggest life insurers may acquire small banks that regulators have cited for improper practices to improve their own chances of getting cash from the $700 billion U.S. government bailout fund. Diabetes Supplies Still Not Covered by all Health Insurance Policies For the seventh straight legislative session, health advocates have failed to convince Ohio lawmakers to force all health insurance policies to pay for diabetes supplies. Legislators are preparing to end their latest two-year session without voting on a proposal the activists keep pushing. |


