All articles by LII editorial
LII editorial
US life industry ensures its powerful position in Washington
Ensuring it retains its powerful lobbying position at the highest level in Washington, the American Council of Life Insurers (ACLI) has appointed another high-powered political figure, Dirk A Kempthorne, as its new president and CEO
Will it be fourth-time lucky for Axa?
After a series of failures, French insurer Axas quest to gain full control of Axa Asia Pacific Holdings (AAPH) non-Australasian operations appears to be heading for success
Indian life insurer takes complaints mobile
When a grievance SMS is received by SBI Life, the customers mobile number, date and time of the message is automatically registered at SBI Lifes central processing centre
Whole life holds the fort in dull US life market
According to the financial service organisation, whole life sales in the third quarter were up 8% compared with the same quarter of 2009, while total new individual life annualised premium in the quarter was flat.
US health insurer bets $790m on diversification
In an interesting diversification move, US health insurer Humana has signed an agreement to buy Concentra, a privately owned provider of health and related services, for $790m in cash
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Private equity firm grabs control of Tong Yang Life
Korean conglomerate Tong Yang Group has turned its back on the countrys life insurance market, with the sale of its 46.5% stake in Tong Yang Life Insurance to Korean private equity firm Vogo Fund for KRW900bn ($798m)
Sun Life harnesses BlackBerry to strike while the iron’s hot
Its one thing getting a companys employees rounded up to hear the benefits of group retirement plans, but getting them to sign up is another thing
Choice made easier for Australian consumers
Finding their way through a plethora of health insurance products has just become a lot easier for Australians, with the launch by the Office of the Private Health Insurance Ombudsman of a new website
Lion Street roars into action in the US
Newly launched Lion Street, which has the makings of a significant new player in the US insurance distribution market, has, in its initial foray, said it had “extended invitations to a limited number of elite life insurance advisers” to partner with it.
UK’s mass affluent heading blindly towards retirement
There are serious flaws in financial planning among the vast majority of individuals in the UKs mass affluent sector, Sun Life Financial of Canada (SLF) has warned