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Life Insurance Company Rating News
Fitch Affirms Liberty Life's IFS Rating at 'A+'
Fitch Ratings has affirmed the 'A+' insurer financial strength (IFS) rating of Liberty Life Insurance Company (LLIC). The Rating Outlook is Stable.
Read more News Source - Centre Daily Times
Publish date - 20:17:36 07/21/08

Fitch Upgrades Pacific Life Re Limited Following Acquisition's Close
CHICAGO----Fitch Ratings has upgraded the insurer financial strength rating of Pacific Life Re Limited , formerly known as Scottish Re Limited, to 'A' from 'BB' following the close of its recent acquisition by Pacific LifeCorp .
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 22:22:59 07/22/08

BNH arm sells 25% to Qatari insurance firm
Bahrain National Holding Company (BNH), the parent company of Bahrain National Insurance (BNI) and Bahrain National Life Assurance, (BNL) yesterday announced the conclusion of selling 25 per cent of its subsidiary company, Bahrain National Life Assurance Company to a strategic partner, Al Khaleej Insurance and Reinsurance Company (KAIR), in Qatar.
Read more News Source - Zawya
Publish date - 05:26:40 07/21/08

Broker snap: Standard Life on Goldman's conviction buy list
Goldman Sachs has initiated coverage on insurer Standard Life and placed the stock straight on its "conviction buy" list, with a price target of 288p.
Read more News Source - ShareCast via Yahoo! UK & Ireland Finance
Publish date - 12:21:00 07/23/08

Insurance companies settle
Four affiliated insurance companies have agreed to a $20 million national settlement with the insurance regulators of 29 states, including the Connecticut Insurance Department, over charges the companies deceived customers as to benefits and improperly denied claims and delayed claim payments.
Read more News Source - Journal Inquirer
Publish date - 17:08:30 07/23/08

A.M. Best Downgrades Ratings of Scottish Re Group Limited
A.M. Best Co. has downgraded the financial strength rating (FSR) to C- (Weak) from C+ (Marginal) and issuer credit ratings (ICR) to "cc" from "b-" of the primary operating insurance subsidiaries of Scottish Re Group Limited (Scottish Re) (Cayman Islands) (Other OTC: SKRRF.PK). Concurrently, A.M. Best has downgraded the ICR to "c" from "cc" and most debt ratings of Scottish Re. A.M. Best also has ...
Read more News Source - Centre Daily Times
Publish date - 15:29:38 07/23/08

The American College to Award its Highest Honor, The Huebner Gold Medal, to Frederick J. Sievert
The American College recently selected Frederick J. Sievert, Retired President, New York Life Insurance Company to receive its highest honor, the Huebner Gold Medal. The award ceremony honoring this year's recipients will take place during the President's Circle Dinner aboard the USS Missouri in Pearl Harbor at The College's 2008 Knowledge Summit in Honolulu, HI on November 20, 2008. For more ...
Read more News Source - PRWeb
Publish date - 09:43:52 07/22/08

A.M. Best Downgrades Ratings of Scottish Re Group Limited
OLDWICK, N.J.----A.M. Best Co. has downgraded the financial strength rating to C- from C+ and issuer credit ratings to “cc” from “b-” of the primary operating insurance subsidiaries of Scottish Re Group Limited [Other OTC: SKRRF.PK ].
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 15:03:36 07/23/08

Manulife Investor Sentiment Index rises slightly as investors adjust
Canadians generally say they kept positive about investing in the past quarter, despite daily news about volatile equity markets, rising gas and food prices plus U.S. sub-prime lending woes, according to a national poll for Manulife Financial, Canada's leading insurance and wealth management company.
Read more News Source - CNW Group via Yahoo! Finance
Publish date - 14:07:00 07/23/08

Broker tips: Tate & Lyle, Dimension Data, Standard Life
This morning's trading update from Tate & Lyle failed to change Panmure Gordon's view on the stock, which it rates as a sell.
Read more News Source - ShareCast via Yahoo! UK & Ireland Finance
Publish date - 12:21:00 07/23/08

Great American Financial Resources Helps Make "Extreme Makeover: Home Edition" Dreams Come True
Great American Financial Resources Inc., a member of the Great American Insurance Group family of companies, is proud to announce its support in helping change the lives of a West Chester, Ohio, family. The Cincinnati-based insurance company--and the name behind the Great American Ball Park--is providing a $100,000 college scholarship for the Akers children.
Read more News Source - Centre Daily Times
Publish date - 17:52:57 07/22/08

Persevering through the Storm: Radian Group's S.A. Ibrahim on Leadership in the Subprime Crisis
In June 2007, the stock price of Radian Group, a Philadelphia-based credit risk management firm, was close to all-time highs at$64. In late June 2008, in the thick of the sub-prime mortgage crisis, the company's stock had tumbled below $1 a share. Yet Radian CEO S.A. Ibrahim honored a commitment he had made a year ago to speak at the recent 12th Annual Wharton Leadership Conference. After all, ...
Read more News Source - Knowledge at Wharton
Publish date - 17:54:35 07/23/08


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