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News For: Vul Life InsuranceLife Insurance Firms in Customer Respect Group Study Ranked on How They Treat Online Customers Leading Life Insurers Start to Join Online Revolution; Gap between Top and Bottom Grows; Western & Southern First Life Insurance Company to Gain 'Excellent' Rating As finance titans collapse, Americans fear for their life insurance Americans who have ploughed their savings into life insurance and annuity-linked pension funds were running scared as financial titans collapsed around them. AIG's Singapore life insurance unit head resigns The Singapore head of AIA, the life insurance unit of American International Group , quit, the city-state's central bank said. Rel Life to start insurance plans for remote UP areas In order to tap the huge emerging markets in the country, Anil Dhirubhai Ambani Group firm Reliance Life Insurance is working on introducing new payment modes for the rural populace who have a smaller premium paying capacity. The company is studying whether the mode of payment could be on a daily or weekly basis. A.M. Best Affirms Ratings of Aviva USA Corporation's Life Insurance Subsidiaries A.M. Best Co. has affirmed the financial strength rating FSR of A+ Superior and issuer credit ratings of "aa-" of Aviva Life and Annuity Company Des Moines, IA, American Investors Life Insurance Company, Inc. Topeka, KS, Indianapolis Life Insurance Company Indianapolis, IN, Aviva Life Insurance Company Wilmington, DE and Aviva Life and Annuity Company of New York Woodbury, NY, all ... Best downgrades life sector to negative OLDWICK, N.J.—A.M. Best Co. has revised its rating outlook for the U.S. life insurance industry to negative from stable, expecting more downgrades and negative outlooks than upgrades and positive outlooks for U.S. life, annuity and health companies in the near to medium future. Questions, answers for worried AIG policyholders AIG's reach in the economy is huge: It ranks among the top writers of automobile insurance, commercial insurance and life insurance. It led the nation in fixed annuities sold through banks, writing more than $5 billion in 2007. Business Quick Take American International Group’s AIG Taiwanese life insurance unit said customers terminated about NT$20 million US$624,025 in policies this week after the New York-based company agreed to give up a 79.9 percent stake in return for a bailout. How to get the most out of life A good friend called the other day and offered this comment, “I know you have been selling life insurance a long time, but I don’t recall a single column you have written on the subject. Any reason?” Firm offers insurance plus ‘safe’ investment VARIABLE UNIT-LINKED VUL insurance, which combines life insurance policy with mutual fund-like investment, has gained acceptance from the Filipino market over the last six years. |


