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11/11/2008 News For: Term Or Whole LifeChina Life sees investment opportunities overseas SHANGHAI, Nov 12 Reuters - China Life Insurance Co <601628.SS> sees investment opportunities emerging overseas as foreign governments act to resolve the global credit crisis, newspapers quoted a senior company official as saying. China Life to Invest in Unlisted Banks, Securities News Says Nov. 12 -- China Life Insurance Co. has targeted to invest in closely-held banks and infrastructure projects, Shanghai Securities News reported, citing Liu Lefei , the company's chief investment officer. (AFX UK Focus) 2008-11-12 01:33 China Life sees investment opportunities overseas SHANGHAI, Nov 12 Reuters - China Life Insurance Co sees investment opportunities emerging overseas as foreign governments act to resolve the global credit crisis, newspapers quoted a senior company official as saying. Chief investment officer Liu Lefei was quoted by China Business News on Wednesday as saying China's biggest life insurer would cautiously but actively seek chances to buy foreign ... UPDATE 2-Goldman bearish on US life insurers Nov 11 Reuters - Shares of all major U.S. life insurers fell sharply in afternoon trade, after Goldman Sachs analyst Chris Neczypor assumed coverage of the sector with a bearish view, saying the segment will see asset deterioration in the next 12 to 18 months and needs to raise more capital. China Life eyes stakes in lenders China Life, the country's largest life insurer, will acquire stakes in unlisted companies, particularly commercial banks and infrastructure companies, a company executive said yesterday. Aviva Life ties-up with Anagram Stockbroking Ltd Indore, Nov 11: Aviva Life Insurance, today, announced their distribution tie-up with Anagram Stockbroking Ltd, one of India's leading stockbroking firms for the sale of life insurance products. (AFX UK Focus) 2008-11-11 15:52 UPDATE 1-Goldman Sachs bearish on U.S life insurance sector Recasts, adds details Nov 11 Reuters - U.S. life insurers will see continued asset deterioration in the next 12 to 18 months and need to raise incremental capital, said a Goldman Sachs analyst, who assumed the sector coverage with a bearish view. Shares of all major life insurers fell in early trade on the New York Stock Exchange following the report. Ahead of the Bell: Life Insurers Goldman Sachs Group Inc. changed its view on the life insurance sector to "Cautious" from "Neutral" Tuesday because it expects asset deterioration to continue. A.M. Best Downgrades Ratings of Texas Life Insurance Company OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to A- from A and issuer credit rating to ?a-? from ?a+? for Texas Life Insurance Company . The outlook for both ratings is stable. Life Insurers Fall On Goldman Downgrade Life Insurers Fall On Goldman Downgrade |