Life Insurance Roundup, May 27, 2016

Savings Institute Bank & Trust employee recognized for life insurance accomplishments – News – The Bulletin – Norwich, CT

Savings Institute Bank & Trust employee Elaine Ruffo recently received the Vantis Life President’s Council Award for the 21st year in a row. 

Instant Life Insurance | Quick Cover | LV=

QuickCover Life Insurance from LV= provides life cover for a set number of years chosen by you and guarantees to pay out a set amount of money to your loved ones, if you died or are diagnosed with a terminal illness during that time. 

A.M. Best Affirms Ratings of Oxford Life Insurance Company and Subsidiaries | Business Wire

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of Oxford Life Insurance Company (Oxford Life) (Phoenix, AZ) and its subsidiary, Christian Fidelity Life Insurance Company (Christian Fidelity) (Dallas, TX). A.M. 

Retirees’ annuity uptake sparks growth of life insurance | BusinessDay : News you can trust

Growing interest by retirees taking up annuity for retirement benefits as provided in the Pension Reform Act 2014 is resulting in the monumental growth in life business of insurance companies, BusinessDay investigations reveal. 

First Ever National Life Insurance Sales Roundtable Takes Off | Press Releases |

The importance of life insurance in the lives of individuals, families and a nation can never be overestimated. The life insurance scene in Ghana is one that has a lot of room for improvement.  

First-of-its-kind life insurance now available for Canadians deemed difficult to insure

GUELPH, ON, May 26, 2016 /CNW/ – Today, The Co-operators and Hunter McCorquodale announced the launch of a first-of-its kind life insurance product now available to many Canadians seeking substantial amounts of coverage, but who have been unable to obtain it due to their medical or lifestyle history.  

IndiaFirst Life Insurance eyes AUM of Rs 10,000 crore this fiscal year – Times of India

IndiaFirst Life Insurance , the joint venture ofBank of Baroda , Andhra Bankand Legal & General, on Thursday announced that it is targeting Rs 10,000 crore of assets under management (AUM) in the 2015-16 fiscal. The company’s AUM was Rs 9,061 crore during the 2014-15 fiscal. 

Fitch: Overseas Business Key Growth Driver for Japanese Non-Life Insurance | Reuters

(The following statement was released by the rating agency) Link to Fitch Ratings’ Report: Japan Non-Life Dashboard 2016 here HONG KONG/TOKYO, 

ANZ close-lipped on life insurance sale – InvestorDaily

Speaking to InvestorDaily, an ANZ spokesperson said it was “not appropriate” to comment on market speculation while the review is ongoing. Reuters reported earlier this week that the bank was having discussions to sell its life insurance business. 

5 Crucial Insurance Changes After Divorce – Forbes

Any major life change sends a ripple effect through your finances — especially a divorce. Insurance matters may seem trivial next to the emotional upheaval of ending a marriage. But minding the details now can prevent financial pain later. 


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