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Aig Term Life Insurance News

MetLife Stays Neutral Tuesday, July 19, 2011 @ 5:00PMWe remain neutral on Metlife as its business mix, focus on inorganic growth and strong capital position are somewhat offset by its exposure to CMBS, Alt-A RMBS, subprime RMBS and rising trend in benefits & claims.
The Zacks Analyst Blog Highlights: American International Group, Bank of America, Citigroup, Royal Bank of Scotland ... Tuesday, July 19, 2011 @ 8:30AMZacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Tornadoes and interest rates to hit insurers' results Monday, July 18, 2011 @ 5:02PMBy Ben Berkowitz and Rachel Chitra
Micro Good, Macro in Question Monday, July 18, 2011 @ 12:00AMWe are off to a good start on earnings season, but if the debt ceiling is not raised, all estimates for this year and next are way too high.
Taiwan group meets terms, closing AIG unit deal Thursday, July 14, 2011 @ 11:08AMThe Taiwanese financial regulator on Thursday said a local conglomerate had met its conditional requirements to buy US insurance giant AIG's Taiwan unit, closing the $2.16 billion deal.
COP plans to split, AIG and HGSI score key regulatory approvals, and CNX ups its coal production guidance Thursday, July 14, 2011 @ 8:59AMChecking out a few of today's hot stocks on the move, we've got a planned split at ConocoPhillips (COP), closure on the Nan Shan unit sale for American International Group, Inc...( Read More )
The Euro and You Monday, July 11, 2011 @ 7:40PMSince 2007, global bureaucrats have attempted to ward off the inevitable. Attempts to prevent a euro eruption have become preposterous. A week does not go by without the the European Central Bank (ECB) reducing its standards of collateral.
How to Fix Our Optimism Deficit Monday, July 11, 2011 @ 8:14AMEuropeans, Japanese, and even rose-colored glasses wearing Americans are suffering from what has been described as an 'optimism deficit' . This rather unthreatening sounding phrase should not be mistaken for an insignificant economic problem.
Top-up trouble Sunday, July 10, 2011 @ 5:40PMA few days ago, a senior official of a private life insurance company was telling that the sale of riders with base policies has gone up significantly since September following a drop in sales of regular premium policies.
Bair with the banks: a tough term at FDIC Friday, July 8, 2011 @ 6:45AMSheila Bair's term as chairman of the Federal Deposit Insurance Corp. has been one of the most tumultuous in banking history.
AIG names Miller interim chief Wednesday, July 6, 2011 @ 1:41PMSteve Miller, who was promoted to chairman of American International Group three months ago, will be interim chief executive officer of the bailed-out insurer if Robert Benmosche steps down while fighting cancer.
Tata AIG launches 2nd InvestAssure ULIP series Friday, July 1, 2011 @ 5:06AMPrivate insurer Tata AIG Life Insurance on Friday announced the launch of the second series of its ‘Tata AIG Life Insurance InvestAssure Apex Supreme’ unit-linked insurance scheme.
Europe didn't dodge judgment day Thursday, June 30, 2011 @ 12:51PMThe Greek Parliament approved a tough austerity plan so that the country could get money from the European Union and the International Monetary Fund, including the rest of the bailout hammered out last year and a second aid package. Europe's officials have now spent nearly $270 billion to keep Greece going, signaling that they will spend whatever it takes to keep an insolvent country from ...
Metlife to Add Turkish Unit Tuesday, June 28, 2011 @ 1:40PMAccording to media reports, Dexia SA will vend Deniz Emeklilik & Hayat AS, the insurance unit of Denizbank AS, Dexia's bank in Turkey to Metlife Inc. for 161.9 million euro.
Gambia: Insurance Awareness Campaign Reaches Schools Tuesday, June 28, 2011 @ 10:07AMThe Insurance Association of The Gambia (AIG) Friday organised a lecture for the National Students Insurance Club (NaSIC) at St. Augustine's Senior Secondary School in Banjul, as part of the insurance awareness campaign that seeks to increase awareness and enhance the public image of the insurance industry in The Gambia.
Rating Action on ACE Limited Wednesday, June 22, 2011 @ 12:45PMA.M. Best Co. has raised the issuer credit ratings and senior debt ratings to 'a' from 'a-' for ACE Limited. The outlook has been revised to stable from positive.
Taiwan blocks Yageo buyout Wednesday, June 22, 2011 @ 6:58AMKKR buyout rejected by regulators. 22 Jun 2011 8:29 PM
Tata AIG Life launches Gyan Kosh Wednesday, June 15, 2011 @ 6:27AMMumbai, Jun 15 :Tata AIG Life Insurance Company Limited (Tata AIG Life) a joint venture company, formed by Tata Sons and AIA Group Limited (AIA), today announced the launch of 'Gyan Kosh', a non-participating unit linked endowment insurance plan.
This Just In: Upgrades and Downgrades Friday, June 10, 2011 @ 3:05PMBankers take a shine to AIG.
A.M.Best Reaffirms Ratings on PRU Thursday, June 9, 2011 @ 8:30AMYesterday, rating agency A.M. Best Co. reaffirmed the financial and issuer credit ratings on Prudential and its subsidiaries, reflecting a stable outlook.
Prudential Resumes Share Buyback Wednesday, June 8, 2011 @ 8:45AMPrudential has announced the resumption of its share buyback program.
Future brightens for Meridian insurance company United Heritage Life Friday, June 3, 2011 @ 9:44PMA Meridian-based life insurance company’s outlook is brightened by an industry rating service.
International Lease Finance Corporation Announces Preliminary Results of Tender Offer for Certain Outstanding Debt Friday, June 3, 2011 @ 3:26PMThe complete terms and conditions of the tender offer for the Notes are detailed in ILFC’s Offer to Purchase dated May 19, 2011, and the related Letter of Transmittal (the "Tender Offer Documents”).
Tata AIG Life launches two ULIP products Tuesday, May 31, 2011 @ 8:35AMPrivate insurer, Tata AIG Life Insurance Company, on Tuesday launched two unit linked products — Tata AIG Life Insurance InvestAssure Gold Supreme and Tata AIG Life Insurance InvestAssure Maximizer.
AIG and the U.S. Department of the Treasury Complete Offering of AIG Common Stock Friday, May 27, 2011 @ 11:41AMAmerican International Group, Inc. (NYSE: AIG) announced today the completion of a registered public ...
American Intnl Group UK Regulatory Announcement: AIG and the U.S. Department of the Treasury Complete Offering of AIG ... Friday, May 27, 2011 @ 11:40AMNEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) announced today the completion of a registered public offering of 300 million shares of AIG common stock, par value $2.50 per share, by AIG and the U.S. Department of the Treasury (“Treasury”), as the selling shareholder. One hundred million shares were issued and sold by AIG and 200 million shares were sold by Treasury ...
Q&A: Gaurav D Garg, CEO, Tata AIG General Insurance Wednesday, May 25, 2011 @ 2:19PMDespite the motor pool losses, Tata AIG General Insurance grew by 35 per cent in 2010-11. The company, a joint venture between the Tata Group and American International Group, Inc (AIG), aims to grow its business by 28-30 per cent in the current financial year.
AIG Shares Still Too Shaky to Recommend Tuesday, May 24, 2011 @ 10:54AMBOSTON (TheStreet) -- Investors considering putting money in insurance company AIG should wait for further signs of a comeback. AIG is scheduled to bring out a $9 billion stock offering after the market closes today, including 100 million common shares and 200 million that will go to the U.S. Treasury. The transaction is likely to water down the value of the property-casualty and life insurer's ...
ILFC Announces Increase of Tender Offers for Outstanding Debt and Pricing of 5¾% Senior Notes Due 2016 and 6¼% Senior ... Thursday, May 19, 2011 @ 5:49PMInternational Lease Finance Corporation , a wholly-owned subsidiary of American International Group, Inc. , announced today that it is increasing the total amount available to purchase the validly tendered and accepted Notes in its previously announced tender offers from $750.0 million to $1.75 billion.
Best investment options? Read this! Thursday, May 19, 2011 @ 7:00AMIn an hour-long chat on rediff.com, financial planning expert Sailesh Multani offered some valuable investment tips.
Global Business Process Outsourcing (BPO) Industry Thursday, May 19, 2011 @ 5:20AMReportlinker.com announces that a new market research report is available in its catalogue:
Death derivatives get a life of their own Tuesday, May 17, 2011 @ 7:42PMAfter bundling billions of dollars of mortgage loans, some of the world's biggest banks now want to help investors bet on people's deaths.
Death Derivatives Emerge From Pension Risks of Living Too Long Tuesday, May 17, 2011 @ 3:29AMGoldman Sachs Group Inc., Deutsche Bank AG and JPMorgan Chase & Co., which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths.
Death Derivatives Prompt Banks to Package Pension Risks of Living Too Long Tuesday, May 17, 2011 @ 3:10AMPension funds sitting on more than $23 trillion of assets are buying insurance against the risk their members live longer than expected. Banks are looking to earn fees from packaging that risk into bonds and other securities to sell to investors.
Moody's Rates Prudential Notes Monday, May 16, 2011 @ 2:55PMThe rating agency Moody's Investors Service has conferred a "Baa2" rating on the senior debt of Prudential Financial. The rating action also includes the recent issuance of senior unsecured notes worth $800 million by Prudential.
May 16, 2011: Health care, trees, wind development Sunday, May 15, 2011 @ 9:15PMPosted May 15, 2011, at 7:13 p.m. LD 1333, the Republican plan to reform health care in Maine, creates high-risk insurance pools comprised solely of chronically ill and disabled individuals.
Why your life insurance company doesn't care if you're dead Saturday, May 14, 2011 @ 6:43PMLife insurance companies are bracing themselves for a tough time in Tallahassee, Fla., on May 19. Insurance Commissioner Kevin McCarty has ordered MetLife and Nationwide to appear at the state
OPINION: Music's Secret to Competing with Free: Raise the Price Wednesday, May 11, 2011 @ 3:38PMTweet Pundits are declaring that, due to so much free music on the web, Amazon's 69-cent- a-tune program is the ultimate sign of retail music's demise. But some basic laws of marketing are being ignored within these conclusions. The solution to competing with free might be counter-intuitive: raise its wholesale price. Insanity? Let’s see...
Highlights from Fairholme Fund Shareholder Conference Call Tuesday, May 10, 2011 @ 2:40PMBy guruhl. Overview of the Fund's Performance Good morning, we have a lot of friends and shareholders o the line, and we want to answer every questions. Here are my thoughts on the Fairholme Fund's recent performance. Horrible, that's the summary, in hindsight and maybe to be expected over the short term. We've always stated in our report that the short term should not be overemphasized. It's ...
Fairholme Fund Q1 Portfolio: Buys BAM, CHPXF.PK, RF, SHLD, BRK.B, AIG; Sells GGP, GE, WCG, STD, TEVA Monday, May 9, 2011 @ 4:10PMAfter a decade of stellar performance by buying high quality companies with strong cashflows and capable management, Fairholme Fund's asset under management ballooned. With a much bigger size of fund, Bruce Berkowitz, the guru that manages Fairholme Fund, bet heavily that the giant financial companies will recover after the stresses they have experienced in the financial crisis. He has close 80 ...
Life Insurance After 50 Monday, May 9, 2011 @ 8:58AMFor anyone weary of writing checks to pay for life insurance, retirement used to spell relief. With the mortgage paid, the kids on their own, and Medicare and Social Security on the way, common
U.S. Senate candidate Byron Georgiou is in it to win it Monday, May 9, 2011 @ 5:02AMOn paper at least, Democrat Byron Georgiou will run against Congresswoman Shelley Berkley next year for the right to face Republican Dean Heller in the race for U.S. Senate.
4 Big Takeovers That Went Very Wrong Saturday, May 7, 2011 @ 10:00AMMergers often enhance shareholder value, but these proved to be real stinkers.
Prudential Gains Past Estimates Thursday, May 5, 2011 @ 5:10PMPrudential's earning surprise of 14% came on the back of solid performance in its U.S. annuities and asset management businesses as well as its international insurance operations.
AIG Reports First Quarter 2011 Net Income of $269 Million Thursday, May 5, 2011 @ 4:44PMAmerican International Group, Inc. (NYSE: AIG) today reported net income attributable to AIG of $269 million and after-tax operating income of $2.0 billion for the quarter ended March 31, 2011, compared to net income of $1.8 billion and after-tax operating income of $637 million for the first quarter of 2010. The diluted loss per share was $0.35 for the first quarter of 2011, compared with ...
MetLife Progresses with ALICO Thursday, May 5, 2011 @ 4:20PMMetLife Inc. reported first quarter operating earnings per share of $1.33, exceeding the Zacks Consensus Estimate of $1.26 per share and $1.04 per share in the year-ago quarter.
Insurance Industry Stock Update - May 2011 Thursday, May 5, 2011 @ 3:04PMAfter enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to some extent in recent quarters.
The Worst Takeovers Of All Time Wednesday, May 4, 2011 @ 7:00PMBillionaire investment guru Warren Buffett once wryly remarked,"When a chief executive officer is encouraged by his advisers to make deals, he responds much as would a teenage boy who is encouraged ...
GROSVENOR INVESTMENT MANAGEMENT AND VISION EQUITIES LEASE 150,500 SF FULL BUILDING IN NJ TO EVONIK Tuesday, May 3, 2011 @ 9:28AMGrosvenor Investment Management GIM of Philadelphia, PA and Vision Equities, LLC of Mountain Lakes, NJ have leased an entire 150,500 square foot building at 299 Jefferson Road in Parsippany, NJ to Evonik Degussa Corporation, a leading specialty chemicals manufacturer. The building will serve as Evoniks North American headquarters. Vision Equities negotiated the Evonik lease on behalf of the ...
S&P: ratings on Fuji Fire affirmed at A-; outlook stable Monday, May 2, 2011 @ 12:45AM(The following was released by the rating agency)