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Life Insurance Company Ratings 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

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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

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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

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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

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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

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Pacific Life Finalizes Purchase of Scottish Re Group Limited's International Life Reinsurance Segment
Pacific Life Insurance Company announced today that Pacific LifeCorp, the parent company of Pacific Life, concluded the purchase of Scottish Re Holdings Limited and the United Kingdom (UK) portion of the International Life Reinsurance segment of Scottish Re Group Limited (Pink Sheets: SKRRF). It is anticipated that completion of the purchase of the Asia portion of the segment will be completed ...
Read more News Source - Centre Daily Times
Publish date - 19:59:24 07/18/08

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HealthMarkets' Subsidiaries Reach Settlement With State Regulators
HealthMarkets, Inc. has announced that its insurance subsidiaries have reached a comprehensive settlement with state insurance regulators leading a multi-state examination of HealthMarkets' insurance subsidiaries.
Read more News Source - Medical News Today
Publish date - 10:11:49 07/23/08

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Wells Fargo's New Banking Stores Reducing Energy Use 20 Percent
Wells Fargo & Company (NYSE: WFC) said today that its newly built banking stores will use about 20 percent less energy and 40 percent less water than conventional buildings of the same type. The Company also said it is one of the first to be pre-certified for Leadership in Energy and Environmental Design (LEED) New Construction by the U.S. Green Building Council (USGBC).
Read more News Source - Centre Daily Times
Publish date - 15:59:28 07/23/08

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Lincoln Financial Group Enhances Focus on Retirement and Insurance Solutions with New Divisions
Lincoln Financial Group today announced a realignment of its Employer Markets and Individual Markets divisions into two new divisions: Retirement Solutions and Insurance Solutions. The new structure is more closely aligned with consumer needs and will lead to more coordinated product development and greater effectiveness across the enterprise.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 18:33:01 07/21/08

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In Pakistan There Has Been Much Excitement for the Prospects of Takaful, or Islamic-Compliant, Insurance States This ...
DUBLIN, Ireland----Research and Markets has announced the addition of the "Pakistan Insurance Report 2008" report to their offering.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 15:01:08 07/21/08

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Northwestern Mutual Board Elects Facundo Bacardi as New Trustee
The board of trustees of Northwestern Mutual has elected Facundo L. Bacardi to serve on the company's board. Bacardi is Chairman of the Board of Bacardi Limited, the third-largest global distilled spirits company in the world.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 18:02:30 07/23/08

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Cincinnati Financial Corporation Reduces Stake in Fifth Third Bancorp
Cincinnati Financial Corporation today announced the block sale of slightly more than half of the company's Fifth Third Bancorp common stock holding. The transaction is expected to generate total proceeds of approximately $480 million, which will be reduced by capital gains taxes of approximately $120 million.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 13:03:35 07/23/08

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