All articles by Verdict Staff
Verdict Staff
Axa collaborates with IFC to expand insurance business in developing markets
French insurance company Axa has collaborated with the World Bank’s private investment arm International Finance Corporation (IFC) to expand insurance business in developing markets.
New York regulator probes sales practices of indexed universal life insurance
The New York Department of Financial Services has started an investigation into sales practices of indexed universal life insurance by the insurance firms.
Charles Taylor Group to acquire Nordea Life & Pensions
Charles Taylor’s wholly owned life insurance firm LCL International Life Assurance Company (LCLI) has agreed to buy Nordea Life & Pensions (NLP), an Isle of Man life insurer, from Nordea Life and Pensions based in Luxembourg.
Allianz Life unveils fixed index universal life insurance policy
Allianz Life Insurance Company of North America has rolled out Allianz Life Pro+ Survivor fixed index universal life insurance policy, that offers cost-effective death benefit protection for two lives and cash value accumulation.
Pacific Life unveils new fixed, deferred income annuity
Pacific Life has rolled out its latest fixed, deferred income annuity, Pacific Secure Income, designed to offer guaranteed income for the future.
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Prudential to acquire Kenyan life insurer Shield Assurance
The British insurer Prudential has agreed to acquire Shield Assurance, a Kenyan life insurance company, in a bid to strengthen its presence in Africa.
Exide Life Insurance rolls out new life product Assured Gain Plus
Exide Life Insurance, formerly ING Vysya Life Insurance, has released its new traditional insurance Assured Gain Plus, designed to provide guaranteed benefits and returns on investment.
BMO Insurance unveils two new simplified insurance policies
Canadian underwriter BMO Insurance has rolled out two new insurance policies, insureNOW and insureNOW Plus, designed for young individuals.
Chubb to offer security services to personal insurance customers
Chubb Group of Insurance Companies has started offering various types of enhanced security services through Ackerman to personal insurance customers.
SunLife plans to provide simplified life insurance policies through advisers
Canada-based life insurance company SunLife is reportedly planning to provide its simplified life insurance policies through advisers.