All articles by Verdict Staff

Prudential expands life insurance product portfolio

Prudential’s Individual Life Insurance business (PRU), has launched an updated version of its variable universal life product, VUL Protector and a new term product, PruTerm One.

LII 295, May 2014

Accordia Life launches life insurance arm in Des Moines

Accordia Life has launched a new life insurance company in Des Moines.

Foreign investment helps Serbian industry overcome challenging conditions

The Serbian insurance industry recorded moderate growth between 2008 and 2012, despite the Eurozone crisis, high unemployment and delays in implementing new regulation, according to the Life Insurance in Slovenia report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Opportunity for growth in underdeveloped Kuwaiti life sector

The life sector is the smallest segment in the Kuwaiti insurance industry, but a rising population and increasing disposable income has led to substantial growth, according to the Life Insurance in Kuwait report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Latvian life segment set for further growth despite industry struggles

Favorable economic conditions from 2010-2011 spurred the life insurance segment on and increasing disposable income in the country means growth likely to continue, according to the Life Insurance in Latvia report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Escape from recession set to boost stagnant Slovenian life sector

The Slovenian life segment has steadily declined since 2008, due to the banking crisis, according to the Life Insurance in Slovenia report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

HDFC Life launches new child insurance plan

Indian insurer HDFC Life has rolled out its latest policy, YoungStar Udaan, a participating children’s plan with money back options.

Hartford agrees to sell Japanese unit to Orix Life Insurance for $895m

Hartford Financial Services Group has agreed to sell its Japanese unit, Hartford Life Insurance K.K. (HLIKK), to ORIX Life Insurance for $895 million.

Oxford Life to implement EXL LifePRO policy administration platform

EXL, a provider of outsourcing and transformation services, has signed an agreement with Oxford Life Insurance Company (Oxford Life), a subsidiary of AMERCO to implement its policy administration platform, EXL LifePRO.