Term V Whole Life Insurance

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11/11/2008 News For:

Term V Whole Life Insurance

MIB Life Index Reports North American Life Insurance Activity Off 1.8% in October   North American application activity for individually underwritten life insurance was down -1.8% in October year-over-year, according to the MIB Life Index. Year to date U.S. and Canadian activity remained stable off -1.9%, compared to the same ten months last year.

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.

National Western Life reports net loss in Q3  National Western Life Insurance Company has reported consolidated net losses of $9.8 million or $2.78 per diluted class A share for the third quarter of 2008, compared with consolidated net earnings of $15.6 million, or $4.38 per diluted class A share, reported for the third quarter of 2007.

Moody's cuts ratings of Genworth Financial   Credit ratings agency Moody's Investors Service on Monday cut its senior debt rating on Genworth Financial Inc. as well as the financial strength rating of its primary life insurance subsidiaries as credit market troubles affect the firm's profitability.

Friends Provident to buy 49% of AmAssurance  KUALA LUMPUR: Friends Provident plc is set to buy a 49% stake in AmAssurance Bhd. The deal would see AmAssurance gain a partner that would help it grow the life insurance side of AMMB Holdings Bhd?s business.

Prudential, Hartford Drop as Goldman Is First to Say `Sell'  Nov. 11 -- Prudential Financial Inc ., the No. 2 U.S. life insurer, and Hartford Financial Services Group Inc. dropped in New York trading on concern that investment losses and falling stock markets will force the companies to raise capital.

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.

AIG Sale of Japan Units Finds Hesitant Buyers, Nikkei Says  Nov. 11 -- American International Group's planned sale of three Japanese life insurance subsidiaries hasn't attracted the interest of would-be buyers in Japan, Nikkei English News reported, citing no one.

Fitch Places 9 Japanese Life Insurers on Rating Watch Negative  Fitch Ratings-Tokyo/HK/London/Singapore-07 November 2008: Fitch Ratings has today placed the ratings of nine Japanese life insurance companies on Rating Watch Negative RWN as detailed below.