Life Insurance

Two Women in 70s Sentenced For Killing For Life Insurance

admin_huliq — Tue, 15 Jul 2008 14:38:16 -0500

Reports say that in Los Angeles two women aged 75 and 77 are sentenced to life without parole for killing two men to collect life insurance.

What To Get Mom This Sunday? Exclude Debt

admin_huliq — Fri, 09 May 2008 14:25:15 -0500

I don't know who the clueless people are who write these lists. Mother's Day is not about getting expensive gifts. The whole holiday, along with Valentine's Day, has turned into an excuse to get into more debt for millions of American families without knowing how to mange it, instead of enjoying the beauty of the holiday.

Gary Hirschkron To Head AXA Equitable Wholesale Life Insurance Unit

ruzik_tuzik — Wed, 07 May 2008 07:09:19 -0500

Gary Hirschkron has been appointed President of AXA Partners, the life insurance business unit of AXA Distributors, LLC. based in Farmington, CT. The announcement was made today by Jamie Shepherdson, Executive Vice President of AXA Equitable Life Insurance Company and President of AXA Distributors, LLC., the company's proprietary life insurance and annuity wholesale distribution organization.

AXA Equitable Meets Needs Under One Life Insurance Policy

ruzik_tuzik — Wed, 05 Mar 2008 22:20:17 -0600

Today AXA Equitable unveiled its new Athena Survivorship Universal Life(SM) III (Athena SUL III) insurance product, designed to deliver cost-effective death benefit protection to couples and business partners for their estate, business and charitable planning needs. By providing a death benefit upon the death of the surviving insured, Athena SUL III can be used to pay sizeable estate taxes and other expenses.

John Hancock Financial Leads Industry In Life Insurance Sales

ruzik_tuzik — Tue, 26 Feb 2008 22:30:28 -0600

For the second consecutive year, John Hancock led the industry in total individual life insurance sales in 2007, according to a recent survey of 78 major life insurers by LIMRA International (LIMRA).

MIB Life Index Reports North American Life Insurance Activity

ruzik_tuzik — Tue, 08 Jan 2008 23:54:03 -0600

North American application activity for individually underwritten life insurance declined -2.0% in November year-over-year, according to the MIB Life Index(SM). Year-to-date (YTD) U.S. and Canadian application activity was off -2.8% compared to the same period last year.

Researchers predict pensions catastrophe

harminka — Thu, 29 Nov 2007 13:21:43 -0600

Recent increases in our longevity could have disturbing implications for the government, pension companies and life insurance industries.

Life Insurers Must Accelerate Product Development

harminka — Thu, 09 Aug 2007 05:33:47 -0500

To remain competitive in the life and annuity industry, insurers should exploit technology to create more innovative products and introduce them faster, according to insurance industry analysts speaking at CSC’s Life and Annuity Users’ Forum, an annual conference hosted by Computer Sciences Corporation.

CSC as leading life insurance policy administration vendor

harminka — Fri, 03 Aug 2007 12:36:45 -0500

Computer Sciences Corporation announced that for the fourth consecutive year, global financial services research and advisory firm Celent, LLC, has recognized CSC as a leading life insurance policy administration vendor based on the number of agreements the company closed.

Prudential Shuts Down Stock Research

Alla — Thu, 07 Jun 2007 04:39:10 -0500

U.S. insurance company Prudential Financial Inc. said on Wednesday that it will shut down its institutional stock research and trading business, Prudential Equity Group, ending a rocky 26-year stay on Wall Street, reported Reuters.

Tata AIG Life to increase offices, tap small towns

Anastvatz — Sat, 26 May 2007 03:33:02 -0500

Private insurer Tata AIG Life Insurance Company said on May 26th, it planned to expand its footprint in the country by increasing its offices and focus on small towns which offered higher growth prospects.

Call on Deutsche Bank to return assets to Armenian Genocide victims

admin_huliq — Thu, 23 Nov 2006 06:52:56 -0600