Archive for 'Life Insurance'
MetLife has involved $2 billion
14 October 2008American company MetLife, the largest life insurer in the USA, has involved 2 billion dollars due to sale of shares after profit decrease in the third quarter on 48 %.
The company has realized 75 million shares at the price of 26,5 dollars per share. It is on 1,9 % below their cost on closing of [...]
Barclays sells Swiss Rе division on life insurance for 1,5 billion dollars
10 August 2008British financial group Barclays Plc sells division on life insurance Barclays Life Assurance Company Ltd Swiss Swiss Re for 753 million pounds sterling (1,5 billion dollars).
With purchase of Barclays Life Assurance Company Ltd. the Swiss company will get about 760 thousand policies of life assurance and pension insurance. The transaction should be completed by November [...]
Prudential has given $2 billion for purchase of actives in the USA
26 March 2008British insurances company Prudential has allocated 1 billion pounds sterling ($2 billion) for large purchase in the USA, which can occur within the nearest months.
These means will go on business expansion in the USA, where the mass output on pension of baby-boomers generation has begun. American market gives a quarter of proceeds from new business [...]
The largest American insurer declared record losses
5 March 2008Net loss of American International Group (AIG) in the fourth quarter of 2007 have made 5,29 billion dollars, informs Reuters. For the similar period of 2006 the insurance company reported the profit at a rate of 3,44 billion dollars.
The declared losses are the biggest from the moment of primary distribution of shares 40 years ago. [...]
American reinsurance broker Collins enters the European insurance market
27 February 2008American reinsurance broker John B. Collins Associates, Inc. (Collins) will start its work in Europe. Michel Fernandez will head the European unit of the company.
M.Fernandez works in the field of broker services in reinsurance segment in the European region for 15 years.
He began the career in 1993 in Parisian branch of Guy Carpenter and [...]
Life insurance policy (Part 2)
26 February 2008To make life insurance more habitual for Russians, insurers should solve a number of tasks. First one is the agency network. Accumulative life insurance is an expensive product road, which is sold through agents.
In addition, potential clients are very poorly informed on such product, as life insurance. They do not have experience of long-term [...]
Life insurance policy (Part 1)
22 February 2008None from insurers has doubts, that life insurance market in Russia is very perspective. But for the present time accumulative life insurance, is unprofitable, as a rule, and unpopular for the same reason. Therefore insurers try to find novel ways on clients intake.
In the advanced countries life insurance accounts for more than 40 % [...]
Accumulative child’s life insurance
20 February 2008Accumulative child’s life insurance is a separate topic. The basic word here is insurance, accumulation is secondary, as parents always worry about children, hence, try to secure them from possible dangers. And accumulation, thus, allows saving simultaneously the necessary sum for education of the child, for example, at a university: fund gets small insurance payments [...]
Accumulative life insurance
19 February 2008Analytics mark, accumulative life insurance becomes more and more popular. Its advantages have been estimated by those, who try not only to secure relatives and be secured from force majeure, but also to increase the invested resources.
Plus of the system - in its long term, as money is saved, and after expiry of the [...]
Where to buy an insurance policy for a tourist
12 February 2008Before to choose the policy, you should be sure in the insurance company.
It is necessary to take into account the experience of the company in this or that kind of insurance that can be easily determined using special ratings in this kind of insurance (the information can be found in specialized magazines and on [...]
