Aig Term Life Insurance News
- Memo to the Board of AIG Tuesday, November 18, 2008 @ 11:44PM
- Learn about the World Investment Services Market Brief Tuesday, November 18, 2008 @ 7:14AM NEW YORK----Reportlinker.com announces that a new market research report related to the Financial services industry is available in its catalogue.
- Get a Deep Insight into the World Banking Market Brief Tuesday, November 18, 2008 @ 6:59AM NEW YORK----Reportlinker.com announces that a new market research report related to the Financial services industry is available in its catalogue.
- Learn about the World Insurance Industry Market Brief Tuesday, November 18, 2008 @ 6:39AM NEW YORK----Reportlinker.com announces that a new market research report related to the Financial industry is available in its catalogue.
- Annuities fairly safe but insurers hurting Monday, November 17, 2008 @ 2:46AMThe government rescue of major insurer American International Group Inc. has sparked questions from consumers on whether annuities bought from insurance companies are safe.
- Memphian to open Next Financial Insurance office here, says timing ‘couldn’t be better’ Monday, November 17, 2008 @ 2:00AMHouston-based Next Financial Group, Inc., has formed its insurance division in Memphis and it is looking for a few, good independent broker/dealers.
- My deck chair on the Titanic Monday, November 17, 2008 @ 12:19AMIt’s a white paper by Martin Weiss, Ph.D., and Michael Larson, interest rate and real estate analyst for Weiss Research, Inc. Their study was submitted to the United States Congress Senate Banking Committee and House Financial Services Committee on September 25, corrected October 1. I wonder if anyone ever took at look at this brilliant piece.
- My deckchair on the Titanic Monday, November 17, 2008 @ 12:12AMIt’s a white paper by Martin Weiss, Ph.D., and Michael Larson, interest rate and real estate analyst for Weiss Research, Inc. Their study was submitted to the United States Congress Senate Banking Committee and House Financial Services Committee on September 25, corrected October 1. I wonder if anyone ever took at look at this brilliant piece.
- LIC may get to invest more in corporate debt Sunday, November 16, 2008 @ 4:59PMIRDA, the insurance regulator, is set to give the Life Insurance Corporation (LIC) more leeway to invest in debt instruments of a single company.
- New Policy: Checking Out Your Insurer Friday, November 14, 2008 @ 9:35PM As the life-insurance industry is rattled by slides in the stock and bond markets, more consumers are questioning the financial strength of their insurers.
- Uganda: Resignations are a Process of Change Friday, November 14, 2008 @ 7:55AMThe image of an organization is often modeled along the leadership style of the chief executive.
- Banking and Financial Friday, November 14, 2008 @ 7:22AMOn October 3, 2008, following a week of intense negotiations, the House of Representatives gathered enough votes to finally approve landmark legislation, H.R. 1424, that includes the "Emergency Economic Stabilization Act of 2008" (the "Stabilization Act" or "Act"). 1 The Act was originally proposed by the Administration, working with U.S. Treasury Secretary Henry Paulson and Federal Reserve ...
- AIG Employee Benefit Solutions(R) Updates Group Disability Policy Thursday, November 13, 2008 @ 11:37AM HOUSTON----AIG Employee Benefit Solutions® announced today a new launch of their group disability policy, underwritten by AIG Life Insurance Company and American International Life Assurance Company of New York, subsidiaries of American International Group, Inc..
- Recession - the domino effect: Share YOUR story Thursday, November 13, 2008 @ 1:42AM We could begin with Peter Sastawnyuk. The 53-year-old businessman filled his £370,000 detached home with petrol canisters, sealed the locks, set tripwires and threatened to set the place alight. More than 40 of his neighbours were evacuated from the posh cul-de-sac on the edge of the Pennines from which Sastawnyuk sent his children to be educated at private school. But the cradle of his dreams ...
- U.S. life insurers facing cuts in ratings Thursday, November 13, 2008 @ 12:41AMLife insurance companies, hobbled by real estate investments and committed to paying some costly retirement contracts, face more cuts in their credit ratings before the year is up.
- David Dreman Buys Imperial Tobacco Group PLC, The Walt Disney Company Disney, KimberlyClark Corp., Sells L3 ... Wednesday, November 12, 2008 @ 6:13PMDavid Dreman, father of Contrarian Investing, has been hurt by the recent financial melt down. He thinks that it is not easy for investors to profit from the government bailout. He is not buying much. David Dreman owns 333 stocks with a total value of $10.9 billion. These are the details of the buys and sells during the third quarter. David Dreman buys Imperial Tobacco Group PLC, The Walt Disney ...
- PRIMECAP Management Buys Expeditors International, Nucor Corp., Ticketmaster, Sells Rohm and Haas Compan., Chevron ... Wednesday, November 12, 2008 @ 6:13PMIn a market like this, PRIMCAP Management seems to fair better, relatively. As long term manager of Vanguard Primcap Fund, they have built great track record. PRIMECAP Management owns 258 stocks with a total value of $55.9 billion. These are the details of the buys and sells during the third quarter. PRIMECAP Management buys ROCHE HOLDING LTD S/ADR, Expeditors International of Washington I, ...
- Ottawa to buy $50B in mortgages, hopes to spur loans Wednesday, November 12, 2008 @ 10:35AMThe federal government is purchasing another $50 billion in residential mortgages to further stabilize the lending industry and encourage lower interest rates.
- AIG Life forks out $10m for tech upgrade Tuesday, November 11, 2008 @ 9:41PMAIG Life is starting a $10 million, three-year technology upgrade to provide a completely electronic way for financial advisers to quote and issue its insurance policies, including from mobile devices.
- Should Congress bail out automakers? Tuesday, November 11, 2008 @ 3:29PMHouse Speaker Nancy Pelosi floating idea as lawmakers prepare for lame duck session next week.
- Government gives record aid package to AIG Tuesday, November 11, 2008 @ 10:13AMIn a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership.
- Bretton Woods II - A Roadmap Tuesday, November 11, 2008 @ 8:59AMFollowing calls by European leaders for a "Bretton Woods II", the Bush administration has invited the " G-20 " countries to come to Washington with the lofty goal to reform the world financial system. Will the way we do business change November 15?
- U.S. Boosts AIG Bailout Package Monday, November 10, 2008 @ 3:32PMThe U.S. is giving new financial assistance to American International Group, providing $40 billion to the troubled insurance giant in return for partial ownership. The government will replace a proposal to give the firm $123 billion with one worth $150 billion.
- AIG swings to third quarter loss, bailout is restructured Monday, November 10, 2008 @ 3:16PMCHARLOTTE, N.C. — American International Group Inc., once the world’s largest insurer before being hit hard by the meltdown in the credit markets, said Monday that continued financial market turmoil resulted in a steep third-quarter loss.
- Government provides new aid to AIG (6:18 a.m.) Monday, November 10, 2008 @ 3:11PM WASHINGTON (AP) — The government today provided new financial assistance to troubled insurance giant American International Group, including pouring $40 billion into the company in return for partial ownership.
- AIG bailout swells to $150 b, posts $29-b loss Monday, November 10, 2008 @ 2:26PMAmerican International Group, the insurer bailed out by the US, got an expanded government rescue package valued at more than $150 bn after posting a fourth straight quarterly loss.
- (AFX UK Focus) 2008-11-10 02:57 UPDATE 2-AIG board nears approval of revised Fed plan-source Sunday, November 9, 2008 @ 9:23PMBy Paritosh Bansal and Lilla Zuill
- AIG board nears approval of revised Fed plan: source Sunday, November 9, 2008 @ 8:48PM The board of troubled insurer American International Group was nearing approval late on Sunday of a revised U.S. bailout to replace a previous $85 billion rescue, a person familiar with the matter said.
- The Economy: What Barack Obama Must Do Now Thursday, November 6, 2008 @ 1:02PMWhy Obama has to take over economic policymaking—today.
- QUICK POLL Thursday, November 6, 2008 @ 12:48PMBETHESDA, MD-CoStar has decided to give up its pursuit of Reis, a competitor that it has twice tried to acquire in the past several months. Its last attempt was in August, when Reis spurned CoStar’s offer for $8.75 per share in cash.
- AIG chief sees bright future despite current turmoil Thursday, November 6, 2008 @ 11:57AMAmerican International Group Inc. continues to borrow money under federal financing programs to meet obligations, but its underlying insurance operations are running smoothly, said Edward Liddy, chairman and chief executive officer.
- AIG Sales May Not Repay U.S. Loan, Forcing New Deal (Update2) Thursday, November 6, 2008 @ 9:35AMNov. 6 (Bloomberg) -- American International Group Inc. , the insurer taken over by the U.S. government, may have to renegotiate terms of its $85 billion rescue as the company struggles to find buyers for some of its units.
- TowerGroup: Life Insurance Industry Must Shift Product Mix, Adjust Distribution and Focus on Cost Containment During ... Wednesday, November 5, 2008 @ 10:27AM NEEDHAM, Mass.----Although the U.S. life insurance industry is not as deeply impacted by the current economic crisis as other segments of the financial services industry, the interconnectedness of banks, asset managers, brokerage firms, and insurers themselves means it is not immune.
- Osmeña: Economic crisis Tuesday, November 4, 2008 @ 11:05AMTHE culprit in the global economic meltdown is the sub-prime mortgage fiasco in the United States.
- Banking / Perspectives Monday, November 3, 2008 @ 7:22AMIn June 2007, Brysam Global Partners, a private equity firm that specializes in consumer financial services in emerging markets, announced it was taking a 27.9% stake in Mexican financial group Ixe for 2.52bn pesos (US$230mn).
- Q & A: AIG chief sees bright future despite current turmoil Sunday, November 2, 2008 @ 10:13PMAmerican International Group Inc. continues to borrow money under federal financing programs to meet obligations, but its underlying insurance operations are running smoothly, said Edward Liddy, chairman and chief executive officer.
- AIG makes partial repayment of Fed line of credit Sunday, November 2, 2008 @ 10:12PMNEW YORK (Reuters)—American International Group Inc. reduced the amount it owes under a U.S. Federal Reserve credit line by $6.8 billion, but only by borrowing from a different government lending program.
- AIG taps $20.9B in additional Fed credit line Friday, October 31, 2008 @ 5:39PMAIG taps $20.9B in additional Fed credit line.
- UBS Downgrades AIG, But Shares Rise Friday, October 31, 2008 @ 11:41AMUBS Downgrades AIG, But Shares Rise
- Horace Mann Reports Results for Third Quarter Wednesday, October 29, 2008 @ 4:21PM Horace Mann Educators Corporation today reported net losses of $30.8 million and $12.0 million for the three and nine months ended September 30, 2008, respectively, compared to net income of $18.4 million and $64.8 million for the same periods in 2007.
- Old Mutual under pressure Wednesday, October 29, 2008 @ 5:36AMCapital pressures are mounting at Old Mutual and analysts are concerned that a break-up will be hurried along.
- The Bailout Reader Tuesday, October 28, 2008 @ 7:38AMIn one word, the market approach to the financial problem is bankruptcy. Firms go bankrupt when they do not have enough revenue to pay their bills. Banks make money by borrowing from lenders at a low interest rate and lending to borrowers at a higher interest rate.
- Managing Your Insurance Needs During Financial Crisis Tuesday, October 28, 2008 @ 7:00AM In these challenging economic times, many Americans are cutting back on everything from luxury goods to everyday essentials.
- Pension buyout start-ups retire from the market Tuesday, October 28, 2008 @ 12:58AM Companies seeking to offload expensive final salary pension schemes may be the latest victims of the credit crunch. Activity in the burgeoning pensions buyout market has all but dried up since the collapse of Lehman Brothers, and experts have doubts over whether it will revive when stock and bond markets start to recover. Richard Jones, principal at pension advisers Punter Southall, warned ...
- American Financial Group, Inc. Announces Third Quarter and Nine Month Net Earnings Monday, October 27, 2008 @ 3:23PMAmerican Financial Group, Inc. (NYSE:AFG)(NASDAQ:AFG) today reported net earnings for the quarter
- American Financial Group, Inc. Announces Third Quarter and Nine Month Net Earnings Monday, October 27, 2008 @ 3:06PM CINCINNATI----American Financial Group, Inc. today reported net earnings for the quarter of $20.9 million , compared to $112.7 million in 2007. Results for 2008 reflect after tax charges of $94.1 million in net realized losses on investments, including other than temporary impairments.
- Treasury weighs next move amid signs of global recession Sunday, October 26, 2008 @ 2:01PMThe global financial crisis deepened on yet another frantic Friday as the Treasury Department weighed expanding its rescue efforts to include insurance firms and investors everywhere sought refuge amid strong signs of a coming global recession. Stock markets around the world took another pounding.
- Manulife shares fall 6 percent as analysts cut targets Friday, October 24, 2008 @ 1:10PMTORONTO (Reuters) - Shares of Manulife Financial Corp were down more than most other Canadian financial stocks on Friday, as analysts downgraded their views and one said that the big insurer might raise fresh capital to offset tumbling equity markets.
- Canada in 2020 – Energy: Mr. Clean Friday, October 24, 2008 @ 1:08PM“I thought we’d go with the race car driver,” says Nicholas Parker . “People need a dose of fun.”
- ECONOMY ON EDGE: Treasury weighs more measures amid signs of global recession Friday, October 24, 2008 @ 10:20AMThe global financial crisis deepened on yet another frantic Friday as the Treasury Department weighed expanding its rescue efforts to include insurance firms and investors sought refuge amid strong signs of a coming global recession.