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Taiwan’s Cathay Existence Acquires Resource Manager, Investigation Firm Conning

Cathay Life insurance coverage Co. associated with Taiwan offers acquired insurance coverage industry expense and resource manager as well as research organization Conning Holdings Corp. associated with Hartford, Conn. and all its subsidiaries.Underneath the terms from the agreement, Cathay Existence will buy Conning for approximately $240 zillion from Aquiline Funds Partners, LLC, a brand new Read more

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Switzerland Re sigma research Finds Worldwide Insurance High quality Growth from 2. 4%

“In non-life, rates rose through 2. 6 percent about the back associated with continued financial expansion within emerging marketplaces and picky price increases in certain advanced marketplaces. Profitability associated with life insurance companies remains demure but non-life underwriting outcomes improved decently. Low rates of interest continue in order to depress expense income, however are improving Read more

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MAPFRE Enters Life insurance coverage Market within Massachusetts

MAPFRE Ough. S. The. said it’s begun promoting a term life product within Massachusetts, where MAPFRE’s affiliate marketer Commerce Insurance provider is the biggest auto as well as home insurance company. MAPFRE said it’s seeking in order to leverage it’s dominant position within the Massachusetts individual lines marketplace by offering life insurance coverage to customers Read more

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Louisiana Audits Discover $31M within Unclaimed Life insurance coverage

State Treasurer Steve Kennedy states audits of life insurance coverage company guidelines have uncovered a lot more than $31 zillion in unclaimed home for beneficiaries previously eight many years.The Treasury Division discovered the advantages after evaluating the exceptional policies of the dozen insurance providers with the actual Social Protection Death Grasp File. The reviews resulted Read more

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Prudential to pay for $615 Zillion for Hartford’s Life insurance coverage Unit

Prudential Monetary Inc. will purchase the individual life insurance coverage business associated with Hartford Monetary Services Team Inc. with regard to $615 zillion in money, the businesses said upon Thursday.Prudential said the offer would include scale to its individual existence business, while for that Hartford the actual sale allows it total an resource disposal plan Read more

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Site for Independent Life insurance coverage Brokers

Lifeseller.com has been created to serve independent life insurance brokers across the country. Claiming to bring order to the web chaos for independent insurance brokers, the site provides a directory of products, services, companies and information pertinent to the insurance industry. A vital feature from the site, Lifeseller.com provides a search engine that only indexes Read more