All articles by Verdict Staff
Verdict Staff
American General launches new fixed index universal life insurance product
American General Life Companies has launched Elite Global Plus II, a fixed index universal life insurance (IUL) product that provides death benefit protection and the accumulation potential of the carriers current UL products.
ITOCHU, Asahi Mutual form individual life insurance marketing firm
Japan-based ITOCHU Corporation has entered into agreement with Asahi Mutual Life Insurance Company to jointly establish a marketing firm that will engage in market development, development of sales channels, and sales promotion.
ING completes sale of interest in ING Vysya Life Insurance
Dutch financial conglomerate ING Groep NV has completed the sale of its 26% interest in ING Vysya Life Insurance Company Ltd. to its joint venture partner Exide Industries Ltd.
Gary Jenkins Named AmeriLife President
Gary E. Jenkins, AmeriLifes Chief Financial Officer since 2008, has been named President of the nations premier annuity, life and insurance marketing group.
Solvency II Stepping up to the starting line
Meeting the requirements of Solvency II, which is due to be implemented from 1st January 2014, will require insurers not only to improve the way they handle risks but also to change the way they behave, according to a report by Timetric available at the Insurance Intelligence Centre.
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Reliance life launches new healthcare plan
Reliance Life Insurance Company, a part of Reliance Capital Ltd, has launched its new healthcare offering Reliance Life Care for You Advantage Plan.
Manulife Strategic Income Opportunities Fund announces tax-advantaged distributions to cease after June distribution
On March 21, 2013, the Government of Canada announced proposed measures which would affect certain tax benefits gained by taxable unitholders of investment funds, such as Manulife Strategic Income Opportunities Fund (the Fund), that utilize forward purchase and sale agreements to obtain exposure to an underlying reference portfolio.
China Life launches China Life Xinyu pension insurance package
China Life officially launchedthe”China Life Xinyu pension insurance package” in Nanjing.
Peru – Start spreading the news
Life insurers are rushing to take advantage of Perus low penetration rates but keeping marketing and distribution costs under control remains a key to success, according to the report Key Trends and Opportunities in life insurance in Peru: 2012 to 2016, available at the Insurance Intelligence Center.
Ireland Hard times or green shoots?
Irelands life insurance market has been hit hard by the economic downturn in the country since 2008; however, rationalisation in the market and recovering consumer confidence may spur a rebound in the years ahead, according to a report Life Insurance in Ireland, Key Trends and Opportunities to 2017, which is available at the Insurance Intelligence Center.