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life insurers
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UK FCA Found That Some Life Insurance Companies Still Had Arrangements
Sep 19, 2013The UK Financial Conduct Authority (FCA) has found that some life insurance companies still had arrangements, which could influence advisers, violating and working against Retail Distribution Review's (RDR) aim of removing commission bias ...
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New York Will Soon Order Major Life Insurers in The State to Set Aside a Total of $4bn
Sep 13, 2013New York financial regulators will soon order major life insurers in the state to set aside a total of $4bn to add to their reserves, following violation of new insurance claims rules. The regulators said that life insurers were not ...
Tags: Service
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LifeAgain Signed a Commercialisation Agreement with Insurance Broker Agencyone
Aug 28, 2013LifeAgain Insurance Solutions, a wholly-owned subsidiary of Cardium Therapeutics, has signed a commercialisation agreement with insurance broker AgencyONE to support the development and marketing of new survivable risk life insurance ...
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US Insurance Regulators Signed a Settlement Agreement with Ing Over Its Improper
Aug 22, 2013The California Department of Insurance and other state insurance regulators have signed a settlement agreement with ING over its improper use of the Social Security Administration's Death Master database. In order to settle the charges, ...
Tags: Insurance, Department of Insurance
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Allianz Life Deploys Software Suite to Support Its New Business
Aug 12, 2013Allianz Life Insurance Company of North America (Allianz Life) has deployed Accenture’s life and annuity insurance software suite to support its new business and core policy administration needs for variable annuity products. The ...
Tags: Life Insurance
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Bernanke Suggesting The Fed Could Curtail Its Easing Efforts by The End of 2013
Jun 20, 2013Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
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18 Life Insurance Firms May Be Kept From Opening New Provincial Branches
Jun 7, 201318 life insurance firms in China may be kept from opening new provincial branches because of their continuous loss-making, said people in the know. The 18 life insurers include six Chinese players and 12 foreign players like Allianz China ...
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A Joint-Venture Sales Firm Has Begun Recruiting Talents
May 14, 2013A joint-venture sales firm between The People's Insurance Company (Group) of China Ltd. (PICC and SEHK: 1339) and US insurance giant AIG has begun recruiting talents. PICC Life, the life insurance unit of PICC, said in its official ...
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Moody's Analytics Introduced The B&H Economic Capital Calculator to Its Capital Modelling
Mar 14, 2013Moody’s Analytics has introduced the B&H Economic Capital Calculator to its Capital Modelling Framework. The B&H Economic Capital Calculator features enterprise technology and is aimed to help process large data volumes associated ...
Tags: Moody, B&H Economic Capital Calculator, Capital Modelling Framework
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Aditya Birla Nuvo Reports Results for Quarter Ended 31st December 2012
Feb 17, 2013Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
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Guardian Would Acquire Coloradao-Based Reed Group
Jan 8, 2013Mutual life insurers and employee benefits provider The Guardian Life Insurance Company of America (Guardian) has acquired Coloradao-based Reed Group. Terms of the transaction were not disclosed. Reed Group assists customers in reducing ...
Tags: Guardian, life insurers, Reed Group, life insurance
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Nan Shan Life Widened The Lead on Fubon Life in First Year Premium Revenues
Dec 14, 2012Nan Shan Life widened the lead on Fubon Life in first year premium (FYP) revenues from NT$500 million (US$16.67 million) in October to NT$2.8 billion (US$93.3 million) in November, also challenging the leader Cathay Life fiercely after ...
Tags: Nan Shan, FYP revenues, Cathay Life
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ChinaSoft Would Offer Insurers eBaotech's Advanced Insurance Software Solutions
Dec 7, 2012eBaoTech Corporation and ChinaSoft International have joined hands to offer insurers eBaoTech's advanced insurance software solutions with ChinaSoft's information technology (IT) service offerings. eBaoTech has incorporated ChinaSoft in ...
Tags: insurers, insurance software, life insurance, system integration
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Accenture Has Introduced an Enhanced Version of Life
Dec 6, 2012Accenture has introduced an enhanced version of its life and annuity insurance software suite, Life Insurance Platform, in an effort to lower operating costs for insurers. Accenture Software for life insurance product line lead Mitchel ...
Tags: Accenture, enhanced life, insurance software
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Vienna Insurance Group Has Completed The Merger of Non-Life Insurers InterRisk
Dec 4, 2012Vienna Insurance Group has completed the merger of non-life insurers InterRisk and PZM to expand its market presence in Poland. InterRisk and PZM achieved premiums of over EUR80m in the first quarter of 2012 and the two companies will ...
Tags: Vienna Insurance, merger, InterRisk, insurance market