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Articles

AIG Plans To Sell Domestic Life Operations

10/3/2008
BY ALLISON BELL

American International Group Inc. says it may sell North American life subsidiaries such as American General, VALIC and SunAmerica and focus mainly on property-casualty operations....Read article

New Life Policy To Pay Benefit Stream

9/24/2008

Heritage Union L.L.C. says it is selling a life insurance policy designed to resemble a disability insurance policy....Read article

Boscia To Take Key Sun Life Post

9/29/2008

A Canadian financial services company has picked a well-known executive to take a senior management position....Read article

NAIC Panel Endorses Reinsurance Proposal

9/25/2008
BY JIM CONNOLLY

Members of the Financial Condition Committee at the National Association of Insurance Commissioners have voted to advance a reinsurance modernization and collateral proposal....Read article

Aetna Beefs Up Expat Package

9/23/2008

A health insurer is offering more wellness and condition management benefits for plan members who live outside the United States....Read article

SBI AXA To Use RiskMetrics Systems

9/17/2008

An insurer in Japan has picked a vendor of risk management and reporting systems....Read article

Bush Defends AIG Deal

9/18/2008
BY ARTHUR D. POSTAL

President Bush today defended the Federal Reserve System’s decision to provide an $85 billion credit line for American International Group Inc....Read article

Rating Agencies Respond To AIG Fed Deal

9/18/2008
BY ARTHUR D. POSTAL

Standard & Poor’s Ratings Services and Fitch Ratings are welcoming the government financing American International Group Inc. has arranged while expressing uncertainty about the terms....Read article

Personnel Changes: Prudential, Munich Re, Others

9/12/2008

Prudential Financial Inc. has named Stephen Pelletier president of Prudential Annuities....Read article

Rising Dollar Hits U.K. Carrier

9/11/2008
BY ALLISON BELL

A large multinational insurer says it is suffering from currency fluctuations as well as the turmoil in world investment markets....Read article

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