Term Versus Whole Life Insurance

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10/22/2008 News For:

Term Versus Whole Life Insurance

Ninth bidder joins Yamato Life Insurance rehabilitation tender  Another investment fund has stepped forward to join an initial tender to pick a company to finance the rehabilitation of failed Yamato Life Insurance Co., sources said Tuesday. Lawyer Hideo Seto, named last Friday by the Tokyo District Court as the insurer's bankruptcy administrator, earlier said eight entities ? two insurance firms and six investment funds ? were vying to take over the ...

Bank of Beijing eyes buying into ING insurance JV  SHANGHAI, Oct 21 Reuters - Bank of Bejing <601169.SS>, 16 percent owned by ING Groep NV , said on Tuesday it is in talks to buy a 50 percent stake in one of ING's life insurance ventures in China from the venture's Chinese partner, as it moves to diversify its businesses.

Nippon Life to Boost Overseas Bond Holdings as Yen Strengthens  Oct. 21 -- Nippon Life Insurance Co. , Japan's biggest life insurer, will boost overseas bond holdings by 300 billion yen $2.9 billion in the fiscal second half while cutting those with currency hedges as the yen strengthens.

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.

Bank of Beijing May Buy Half of ING Life Venture (Update2)  Oct. 21 -- Bank of Beijing Co. , part owned by ING Groep NV , is in talks to buy half of ING's Chinese life insurance venture in what would be its second acquisition in three months.

NY Life Receives Information Management Award  New York Life Insurance Company has received ARMA International's Cobalt Award for excellence in records and information management.

Include Life Insurance in Your 'Must Have' Budget   - As you re-examine your monthly expenses to cover the escalating costs of food and fuel, it's important to consider life insurance in your plans.

Bajaj Finserv reports net loss in July-Sept qtr  MUMBAI, Oct 22 Reuters - Financial services firm Bajaj Finserv Ltd on Wednesday reported a loss for the quarter to September, hit by its life insurance business.

UKs Pru Life readies its bid for Philam Life  THE United Kingdoms second-biggest life insurer Prudential is raising funds to acquire Philippine American Life and General Insurance Co. and other Asian assets of the troubled US firm American International Group.

LIC ups stake in Zee Entertainment  MUMBAI Reuters - Zee Entertainment said on Wednesday, Life Insurance Corporation of India, has raised its stake in the firm to 10.15 percent, by acquiring further 1.59 million shares, or 0.36 percent, in it from open market.