Jul 11
Reliance Life Insurance Co Ltd, an Anil Dhirubhai Ambani Group company, has said that it is all geared up to tap the market for fresh capital and will start the IPO process within two weeks after the regulators' approval.
Jul 09
New Delhi, Jul 9 (UNI) Reliance Life Insurance Company Ltd, part of Reliance Anil Dhirubhai Ambani Group, today said it targets to achieve a 10 per cent overall market share by 2013.
Jul 08
MINNEAPOLIS----Allianz Life Insurance Company of North America today named Debra Repya as the new senior director of Advanced Markets. In this role, Repya will be responsible for the strategic direction of Allianz Lifes Advanced Markets Group, creating industry-leading content and expertise.
Jul 06
It is illegal to impose income tax as well as inheritance tax on the beneficiaries of life-insurance money paid in pension form, the Supreme Court ruled Tuesday, overturning a lower court decision that approved the form of double taxation. The ruling is likely to have a significant impact given that it may spur similar lawsuits demanding the return of income tax already paid.
Jul 04
It's been an exhilarating year for the UK insurance industry, with Prudential's aborted takeover of AIG's Asian business and Resolution's deal for parts of Axa UK dominating City small talk.
Jul 02
Three major Japanese life insurance companies showed reluctance to demutualize into stock companies at their respective annual meetings Friday after Dai-ichi Life Insurance Co. did so in April. At an annual general meeting of representative policyholders at Nippon Life Insurance Co., one representative noted its mutual company framework could make global expansion difficult.
Jul 01
KUALA LUMPUR, July 1 (Bernama) -- Tokio Marine Life Insurance Malaysia Bhd aims to chalk up RM890 million in new business premiums within three years of signing an exclusive bancassurance distribution agreement with RHB Bank Bhd Thursday.
Jun 29
Internet consultants design, build and launch new price comparison website focused on finding lowest cost quotes on term life insurance online.
Jun 27
AXA has announced an upgrade across all the life, trauma and TPD products sold between 1994 and 2005, ensuring that all clients have access to fully up-to-date definitions.
Jun 25
PASADENA, CA--(Marketwire - 06/25/10) - When shopping for life insurance online, don't trade your personal information for a quote. That's the advice of one industry insider who knows the pitfalls of the Internet insurance game. "One giant pitfall is that many companies and broker sites require that people enter their names, email addresses and phone numbers to get life insurance quotes," said ...