Life insurance Today
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Life insurance
Northwestern Mutual Life Insurance Co. on Wednesday said it sold a 5 percent stake in its subsidiary Russell Investments to Japanese life insurance company Nippon Life. Terms of the sale were not disclosed. Tacoma, Wash.-based Russell Investments is ...
Read moreNippon Life buys 5 percent of Russell Investments - Forbes
Tokio Marine Holdings Inc., Japan's largest insurer, said Wednesday it plans to acquire U.S.-based property and casualty insurance firm Philadelphia Consolidated Holding Corp. for $4.39 billion in cash. Tokio Marine will pay $61.50 per share in cash ...
Read moreTokio Marine to buy Philly Consolidated for $4.4B - BusinessWeek
TOKYO, July 23 (Reuters) - Japan's Nippon Life Insurance said on Wednesday that it would take a 5 percent stake in U.S. fund and index group Russell Investments. Nippon Life, Japan's top life insurer with about 46 trillion yen of assets, also said it ...
Read moreNippon Life says to take 5 pct stake in Russell - Reuters
This announcement corrects the version issued earlier today. Sterling group's 2007 after-tax loss was GBP2.5m, following an after-tax profit of GBP6.6m in 2006. (The following statement was released by the ratings agency) July 23 - Fitch Ratings has ...
Read moreCORRECTED-(OFFICIAL)-Fitch release on Sterling Insurance - Reuters
LONDON - The wife of a British canoeist who faked his own death to claim $500,000 in life insurance money was found guilty of fraud and money-laundering charges on Wednesday. A jury convicted Anne Darwin, 56, on 15 charges after a seven-day trial ...
Read moreWife of faked-death canoeist found guilty - MSNBC
NEW YORK, July 21 /PRNewswire/ -- AXA Equitable Life Insurance Company and MONY Life Insurance Company, as subsidiaries of AXA Financial Inc., are welcomed as members of the Federal Home Loan Bank of New York (FHLBNY). "We are delighted that AXA ...
Read moreAXA Equitable Life Insurance Company and MONY Life Insurance Company ... - Forbes
Four affiliated insurance companies have agreed to a $20 million national settlement with the insurance regulators of 29 states, including the Connecticut Insurance Department, over charges the companies deceived customers as to benefits and ...
Read moreInsurance companies settle - Journal Inquirer
Anne Darwin, the wife of canoeist John Darwin who faked his own death and claimed life insurance, has been found guilty at Teeside Crown Court of all 15 of the fraud charges she faced. The couple swindled £250,000 from pensions and insurance ...
Read moreCanoeist's wife Anne Darwin guilty of fraud - Times Online
Milwaukee-based Northwestern Mutual Life Insurance Co. announced today that it has sold 5 percent of its interests in its Russell Investments fund group to Nippon Life, Japan's largest life insurance company. The companies jointly announced today ...
Read moreNorthwestern Mutual sells small stake in Russell Funds - Biz Times
Fitch Ratings has affirmed the 'A+' insurer financial strength (IFS) rating of Liberty Life Insurance Company (LLIC). The Rating Outlook is Stable.
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