All articles by Verdict Staff

Verdict Staff

Janashakthi Trailblazes Insurance market Launches Life saver – on pensions for life platform

Introducing yet another trailblazing product, Janashakthi Insurance launched ‘Janashakthi LifeSaver’ retirement plan which offers a secure pension for the policyholder and spouse for their entire lifetime upon retirement. Janashakthi LifeSaver retirement plan offers a sensible, flexible and tax effective way to save for retirement.

Manulife Asset Management’s Asian Small Cap Equity fund outperformed benchmark by more than 26% in its first year

Manulife Asset Management (Thailand) Co. Ltd. announced today that its Manulife Strength – Asian Small Cap Equity FIF (‘MS-ASIAN SM’) has significantly outperformed its benchmark in the year since its launch.

Future Generali Insurance receives ISO certification

Future Generali India Insurance, one of the fastest growing General Insurers has received ISO 9001:2008 certification for its Claims, Customer service & all support functions & also for its centralized health servicing unit (FGH) located in Pune.

AXA appoints new HR Director

AXA Insurance – Direct & Partnerships is pleased to announce today the appointment of Nicola Green as its new Human Resources Director.

American Equity Reports Fourth Quarter and Full Year 2012 Results

American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today reported fourth quarter 2012 net income of $36.4 million, or $0.55 per diluted common share, compared to fourth quarter 2011 net income of $49.7 million or $0.79 per diluted common share.

American Equity reports Q4 net income of $36.4m

American Equity Investment Life Holding Company has reported fourth quarter 2012 net income of $36.4m, or $0.55 per diluted common share, compared to fourth quarter 2011 net income of $49.7m or $0.79 per diluted common share.

Manulife Financial announces Subordinated Debenture issue

The Manufacturers Life Insurance Company (“MLI”), the Canadian insurance company subsidiary of Manulife Financial Corporation, announced today that it intends to issue $200 million principal amount of 2.819% fixed/floating subordinated debentures due February 26, 2023 (the “Debentures”). MLI intends to file a prospectus supplement to its November 11, 2011 base shelf prospectus in respect of this issue.

Future Generali to distribute its Micro-insurance product through Common Service Centres (CSC) in Himachal

Future Generali India Insurance Co. Ltd., the Insurance joint venture between Future Group of India and Generali of Italy, has tied up with Zoom Developers Pvt. Ltd. an SCA (Service Centre Agency) to distribute its Micro-insurance products at an affordable cost through 1000+ Common Service Centers (CSCs) delivery outlets of Kangra, Una and Chamba district of Himachal Pradesh.

Raffles Health, Bupa launch two new international health insurance plans

Raffles Health Insurance Pte Ltd (RHI), a wholly owned subsidiary of Raffles Medical Group has launched two new international health insurance plans targeting next generation expatriates and international businesses in the Asia Pacific region, in conjunction with international health insurer Bupa.

Lion Insurance partners with Command Investigations for anti-fraud services

Lion Insurance Company, a US-based workers’ compensation provider, has signed an exclusive business partnership with Command Investigations, LLC as their national provider for all SIU and Anti-Fraud services.