Lincoln Financial Group has launched a new e-ticket system for its hybrid life insurance policies featuring AFFIRM technology from Aplifi, to shorten application process. Besides reducing the potential of lost sales for producers, the ...
Tags: Lincoln Financial, E-Ticket System
The Chinese government has been busy probing Western firms this week. On Monday, the country announced it would investigate EU wine dumping into the Chinese market, an action that could see prices hiked on imported wine this year. On ...
Tags: Agriculture, Food
Canada-based insurance brokerage Western Financial Group (Western) and Coast Capital Savings Credit Union (Coast Capital) have closed the sale of Coast Capital Insurance Services (CCIS). Western will acquire the ownership of Coast ...
Japan-based financial services provider ORIX Corporation has signed an agreement to acquire approximately 25.7% of issued shares of Bahrain-based the Mediterranean and Gulf Insurance and Reinsurance Company (MEDGULF). ORIX, which entered ...
Tags: Service
Sembcorp Marine's PPL Shipyard secures US$220.5 million contract to construct a jack-up rig for Bot Lease Co., Ltd Monday, Jun 03, 2013 Sembcorp Marine’s subsidiary PPL Shipyard has secured a contract to build a jack-up drilling rig ...
Tags: Transportation, drilling rig, Service
Netherlands-based financial conglomerate ING has received offers for its South Korean life insurance business from a Korean life insurer and two Seoul-based private-equity firms. The three bidders include Kyobo Life Insurance Co and ...
Tags: ING, Bids, Insurer Business
If cross-border rules currently proposed by the US Securities and Exchange Commission and the Commodity Futures Trading Commission are not harmonized, international derivatives markets could be damaged, according to exchange executives and ...
Tags: Cross-Border Rules, Execs Call
In keeping with the austerity push that has been a hallmark of the broking sector since the global financial crisis erupted, Wilson HTM's staff last month vacated their digs - and harbour views - at Sydney's Governor Phillip Tower. In ...
Tags: Listed Brokers, Market Rebound
Sun Life Financial has reported operating net income from continuing operations of $448m for the first quarter of 2013, compared to $437m during the comparable period last fiscal. Reported net income from continuing operations stood at ...
Tags: Sun Life, Financial report
Primerica has agreed to expand its retirement portfolio by including additional Lincoln Financial Group's annuity products. Representatives of Primerica will specifically recommend the Lincoln ChoicePlus Assurance variable annuity and a ...
Lincoln Financial Group has posted net income of $239m, or $0.86 per diluted share for the first quarter of 2013, compared to of $243m, or $0.82 per diluted share during the same period prior year. For the quarter period ended on 31 March ...
Tags: Lincoln, Net Income
HSBC Insurance has entered into an agreement to dispose of 50% stake in Hana HSBC Life Insurance Company, to joint venture partner Hana Financial Group. Financial terms of the transaction have not been disclosed, however it is expected ...
Tags: HSBC Insurance, Hana Financial
Dutch financial conglomerate ING, has agreed to dispose of its 49% stake in Korean joint venture (JV), KB Life Insurance Company (KB Life), to venture partner KB Financial Group. A total consideration of KRW166.5bn (€115m) will be ...
Tags: ING, KB Life Insurance
Canada-based Manulife Financial has signed an agreement with TELUS Health to implement its eClaims platform to simplify and accelerate the submission and reimbursement of extended healthcare claims. Under the terms of the agreement, the ...
The H.W. Kaufman Financial Group has acquired New York City-based specialty insurance organization Global Excess Partners for an undisclosed amount. Commenting on the transaction, Kaufman Financial Group president and CEO, chairman Alan ...