All articles by Verdict Staff

Verdict Staff

Prudential Financial swings to profit in Q3 2013

Prudential Financial has reported a net income of $981m in the third quarter of fiscal 2013, compared to a net loss of $627m in the corresponding quarter last year.

Sun Life Financial Q3 net income plummets

Canadian insurer Sun Life Financial has reported a net income of $324m or $0.53 per share in the third quarter of 2013, compared to $441m or $0.74 in the same period last year.

Reliance Life rolls out new plan to restore lapsed policies

India-based private insurer Reliance Life Insurance Company (RLIC) has rolled out a new plan to restore lapsed policies for its policyholders.

ING to include Japan life division in ING Insurance IPO

ING has plans to expand the scope of the base case Initial Public Offering (IPO) of ING Insurance to include its Japanese life division.

Lincoln Financial, ComPsych partner to enhance EAP and Group Life/AD&D policies

Lincoln Financial has teamed up with ComPsych to deliver new value-added services to its Employee Assistance Programs (EAPs) and Group Life/Accidental Death & Dismemberment (AD&D) policies.

Delaware Life launches multi-year guaranteed fixed annuity Pinnacle MYGA

Delaware Life has launched Pinnacle MYGA, a new multi-year guaranteed fixed annuity, marking the first new product to be released by the company.

Fidelity & Guaranty Life moving headquarter to Iowa

Fidelity & Guaranty Life Insurance Company is relocating its headquarter from Maryland to Iowa effective 1 November 2013, to get the benefit of lower cost of living, business-friendly regulatory climate and ready supply of insurance professionals.

Security Life introduces insurance products in new US states

Security Life Insurance Company of America has received approval to launch its range of group ancillary benefits in Connecticut, Hawaii and Montana.

Rapid growth in the emerging Turkish economy makes insurance industry thrive

Strong, ever-increasing economy and a low life insurance penetration rate forecasted to further improvements in the insurance market according to the Life Insurance in Turkey report, Key Trends and Opportunities to 2017, available on the Insurance Intelligence Center.

Foreign companies generating substantial value to boost life sector

Increasing life expectancy, strong bancassurance channel and foreign investmment are the driving factors behind the strong Polish life sector, according to the Life Insurance in Poland report, Key Trends and Opportunities to 2016, available on the Insurance Intelligence Center.