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11/11/2008 News For: Term Life 2fwhole Life InsuranceCraig Nordyke Named Vice President and Chief Actuary at Fort Dearborn Life Insurance Company(R) Fort Dearborn Life Insurance Company announces the appointment of Craig Nordyke as vice president and chief actuary. Nordyke will be responsible for the planning, directing and controlling of the actuarial operations of Fort Dearborn Life. SBI Life eyes Rs 11,000-cr business in FY09 SBI Life Insurance, the second largest private life insurance company in India, has targeted a total business volume of Rs 11,000 crore during the current year. Of the Rs 11,000 crore, new business or new premium, both single and regular, will account for Rs 8,500 crore. Union Bank & Trust to Offer Customers MyTerm(SM), Internet-Based Term Life Insurance Through Its Affiliation with ... NEWARK, N.J.----Prudential Financial, Inc. today announced an agreement between its Individual Life Insurance business and Union Bankshares Corporation to offer MyTermSM, a simplified issue term life insurance policy available through the Internet to customers of Union Bank & Trust. CNP Owners Back Cash Bid for Natixis Insurance Unit, Echos Says Nov. 10 -- CNP Assurances SA, France's largest life insurer, has the support of its shareholders for a cash bid for the insurance unit of Natixis SA, Les Echos reported, citing an unidentified person. TM Asia bundles insurance with bereavement product JAPANESE life insurance company TM Asia Life Malaysia Bhd, in collaboration with bereavement provider Nian En Memorial Park Sdn Bhd, yesterday launched bereavement product packaged with TM Asia Life Single Premium Investment-Linked plan. A.M. Best Downgrades Ratings of Citizens Security Life Insurance Company and Its Affiliate; Revises Outlook to Negative OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength ratings to C++ from B- and issuer credit ratings to ?b? from ?bb-? for Citizens Security Life Insurance Company [OTC: CFIN ] and its affiliate, United Liberty Life Insurance Company . New York Life not to seek financial support from US govt New York Life Insurance Company today said it will not seek financial support from the US government, citing that the company is well capitalised. Life Insurance Settlement Association Announces 2009 Legislative Forecast: Consumers First The Life Insurance Settlement Association LISA recently announced the organization's forecast and priorities for state and federal legislation in 2009. Doug Head, LISA's Executive Director, said he anticipates that public policymakers will continue to put "consumers first" as more Americans are aware -- and more are in need -- of selling their policies rather than surrendering them for a ... County approves changes to employee benefits Harrison County Commissioners met briefly Monday to make changes to the employee health care benefits plan and the life insurance plan. AIG aims to sell Taiwan insurance unit in Q1 American International Group Inc is aiming to sell its 95 per cent stake in Taiwan life insurer Nan Shan Life, in a deal that local media estimated would be worth $2-2.5 billion. |


