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Global Life Insurance News
A.M. Best Places Ratings of OM Financial Life Insurance Company and Its Subsidiary Under Review With Developing ...
OLDWICK, N.J.----A.M. Best Co. has placed under review with developing implications and affirmed the financial strength rating of A- and issuer credit ratings of “a-” of OM Financial Life Insurance Company and its wholly owned subsidiary, OM Financial Life Insurance Company of New York .
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 14:24:18 03/11/10

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Hexaware Strengthens Insurance Capabilities; Forges Strategic Partnership With eBaoTech
Hexaware Technologies, a leading global provider of IT & BPO services and consulting, recently, announced a global partnership with eBaoTech, a leading provider of a complete suite of new generation core application software and services for life and general insurance industries
Read more News Source - PropertyandCasualty.com
Publish date - 10:48:45 03/11/10

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Kenya Insurance Report Q2 2010 - New Market Report Published
This is our first report on Kenya's insurance sector. As is the case with our other insurance sector reports, we seek to place the non-life and life segments in a regional and global context. We discuss the main insurance lines and describe the competitive landscape in some detail.
Read more News Source - OfficialWire
Publish date - 13:44:54 03/11/10

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A.M. Best Presents at 3rd Life Settlements & Longevity Summit
OLDWICK, N.J.----Emmanuel Modu, managing director and global head of insurance-linked securities, of A.M. Best Co. is participating in the International Quality & Productivity Center’s 3RD Life Settlements & Longevity Summit being held on March 24 – 25 at the Sentry Conference Center, New York City, New York.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 15:07:11 03/11/10

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MetLife to acquire life insurance unit from AIG for $15.5 bln
MetLife Inc. is to acquire American International Group’s (AIG’s) overseas life and health insurance unit for 15.5 billion U.S. dollars, the company said Monday.
Read more News Source - Vietnam Net
Publish date - 02:02:52 03/10/10

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Evolution of Life Insurance Industry to Accelerate, Says LOMA Survey
ATLANTA -- The long-term outlook for the life insurance industry is for a faster pace of change, particularly in the use of technology. That was the conclusion of a survey of top industry executives by LOMA.
Read more News Source - dBusinessNews.com
Publish date - 01:25:04 03/10/10

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Fitch Amends Various Jackson National Life Insurance Co. Subsidiary Ratings
NEW YORK----The following Fitch Ratings press releases incorrectly stated that several Jackson National Life Insurance Co. subsidiaries carry Fitch Issuer Default Ratings :
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 23:06:34 03/09/10

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A.M. Best Downgrades Ratings of Atlanta Life Insurance Company; Places Ratings Under Review With Negative Implications
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to B- from B and issuer credit rating to “bb-” from “bb+” of Atlanta Life Insurance Company . These ratings have been placed under review with negative implications.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 20:38:50 03/09/10

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MetLife to acquire life insurance unit from AIG for $15.5 bln
MetLife Inc. is to acquire American International Group's (AIG's) overseas life and health insurance unit for 15.5 billion U.S. dollars, the company said Monday. The acquisition of American Life Insurance Company (ALICO) will cost MetLife some 6.8 billion dollars in cash and another 8.7 billion dollars in equity securities, MetLife said in a statement. ALICO has been one of the world's largest ...
Read more News Source - People's Daily
Publish date - 21:00:58 03/11/10

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Global CIO: What's IT Worth? Northwestern Mutual Life CIO Knows
CIO Tim Schaefer's team puts hard-dollar values on IT systems as assets, and boldly says the language IT uses is important.
Read more News Source - InformationWeek
Publish date - 21:38:07 03/11/10

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MetLife to Acquire American Life Insurance Company from American International Group for Approximately $15.5 Billion
NEW YORK----MetLife, Inc. announced today a definitive agreement to acquire one of American International Group, Inc.’s international subsidiaries, American Life Insurance Company , for approximately $15.5 billion.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 11:09:58 03/08/10

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The U.S. Insurance Industry Regained Lost Ground in 2009, According to Highline Data
Property and casualty insurance industry net income nearly tripled in 2009, to $35 billion, according to the Highline Data Performance Monitor.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 15:03:46 03/11/10

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