Life Insurance News
- Irda likely to allow LIC to retain over 10% stake in companies Thursday, January 1, 2009 @ 8:15PMThe Insurance Regulatory and Development Authority (Irda) is likely to allow state-owned Life Insurance Corp of India to retain over 10 per cent stake in companies for now, a finance ministry official said on Thursday.
- Job street set to bloom again Thursday, January 1, 2009 @ 8:14PMThere is a good news for job seekers, with the companies planning to hire more than 2,50,000 new employees over the next months — making the new year a welcome change from the gloom of 2008 in the job market.
- 2008 IN REVIEW: Local courts stayed busy Thursday, January 1, 2009 @ 8:11PMFrom a mother and child shot by a cop in Oceanside to a murder conviction for a teenage cop-killer, cases tied to shootings involving police officers topped news in North County courtrooms in 2008.
- Japan’s Bonds May Post First Loss Since 2003 as Debt Sales Rise Thursday, January 1, 2009 @ 8:00PMJan. 2 (Bloomberg) -- Japanese government bonds may fall this year for the first time since 2003 as policy makers increase debt sales to finance a 10 trillion yen ($111 billion) economic stimulus-plan.
- Eastday Thursday, January 1, 2009 @ 7:58PMChina Dairy Industry Association (CDIA) on Thursday told Xinhua more information on setting up a medical compensation fund for victim babies in the tainted milk powder scandal.
- Nonprofits Report Donations Down, Need On The Rise Thursday, December 25, 2008 @ 8:22AMWhile on the surface the Christmas season looks the same as ever-brightly lit shops filled with exciting looking goods along with the traditional holiday sights and sounds-many in the county are facing a far gloomier outlook.
- Editorial Thursday, December 25, 2008 @ 8:14AMIn their battle for the Whitehouse, senators Obama and McCain took their talents to the world’s centre stage and revealed an openness and depth in their election campaigns that is sadly, all too often, lacking in British politics.
- Love and Family: What more could you ask for? Thursday, December 25, 2008 @ 8:07AMPORTAGE -- He has been slowly robbed of the activities he used to enjoy. Bowling is no more. Basketball is out the window. Golf is gone, and softball is over.
- ‘Trick My Truck’ offers to replace overhauled van Tuesday, December 23, 2008 @ 1:55PMA senior producer with cable television show “Trick My Truck” contacted The Potpourri Dec. 19 and made a public offer to replace a handicapped man’s van which the show’s mechanics had tricked-out to the owner’s dislike.
- MONEY & BANKING Tuesday, December 23, 2008 @ 1:49PMTECHNICAL ANALYSIS: 50-DMA to lend support for rupee Rupee has been undergoing an intensely volatile phase over the last few sessions. It raced beyond 47 on Friday as low inflation and hopes of another stimulus package buoyed sentiment in the equity and forex markets. But renewed fears of ...
- Luxury complex lures $30.7M mortgage Tuesday, December 23, 2008 @ 1:45PMA 180-unit luxury apartment project, called Abington Woods, secured a $30.7 million first mortgage. The mortgage was arranged by the Boston-based mortgage banking firm, Fantini & Gorga.
- Economic slowdown affects ICICI Prudential Life sales Tuesday, December 23, 2008 @ 4:15AMICICI Prudential Life Insurance Co has seen a drop in sales as a fallout of the economic slowdown, Senior Vice-President and Head of Sales Rishi Srrivastava said here On Monday.
- Investors sue MassMutual Tuesday, December 23, 2008 @ 4:13AMA class action lawsuit was brought Monday against Massachusetts Mutual Life Insurance Co. and its subsidiary, the Tremont Group Holdings Inc., that seeks to recover nearly $3.3 billion in losses by Tremont investors in the Bernard Madoff scandal.
- Left, UPA come to blows as govt tables insurance Bills Tuesday, December 23, 2008 @ 4:12AMTwo Bills introduced in Parliament on the insurance sector riled the Left parties so much that they came to blows with the government on the floor of the Rajya Sabha.
- Hong Kong Stocks Decline to Two-Week Low; Shaw Brothers Soars Tuesday, December 23, 2008 @ 4:10AMDec. 23 (Bloomberg) -- Hong Kong stocks fell, dragging the benchmark index to the lowest level in more than two weeks, on concern a smaller-than-expected interest-rate cut in China will fail to prevent the nation’s economy from slowing.
- Asian stocks slump as China rate cut disappoints Tuesday, December 23, 2008 @ 4:08AMAsian stock markets fell Tuesday as an interest rate cut in China disappointed investors and a profit warning from Toyota Motor Corp. raised concerns the global recession would only worsen.
- Depression is treatable if markets are the cause Tuesday, December 23, 2008 @ 4:02AMA financial adviser telephoned Mitch Anthony to report she was coming out of her depression.
- 11 Things You May Not Know About Your IRA Tuesday, December 23, 2008 @ 4:00AMThe most important part of your individual retirement account (IRA) is the fact that it is "individual". You can customize when you make deposits, take withdrawals and pay taxes on distributions. You can even control what happens to it after you die.
- Top 6 Ways To Recession-Proof Your Job Tuesday, December 23, 2008 @ 4:00AMDuring periods of recession , millions of Americans become victims of the inevitable workforce attrition that results from slumping sales and reduced cash flow . Personnel in the financial industry can be hit particularly hard, especially those who are in sales.
- Going downhill Sunday, December 21, 2008 @ 11:55PMAuto component companies are hemmed in by lacklustre domestic auto sales and recession-hit export markets. On the back of an economic slowdown and credit crunch, the wheels have come off the global automotive sector.
- Assured in turbulent times Sunday, December 21, 2008 @ 11:46PMWhen Edward Liddy was a young college student he would perch on a steel beam 80ft above ground without a harness or safety net. In his summer job at a construction company that built prefabricated warehouses, his role was to climb to the top of the building’s frame to ensure everything was in order.
- Diverse loan book Sunday, December 21, 2008 @ 11:46PMStrong risk management systems, a diversified loan portfolio and an impeccable track record make HDFC a safe bet.
- AIG May Sell Hartford Steam to Munich Re for Up to $1 Billion Sunday, December 21, 2008 @ 11:45PMDec. 22 (Bloomberg) -- American International Group Inc. is close to a sale of Hartford Steam Boiler, the largest North American equipment-breakdown insurer, to Munich Re for as much as $1 billion, according to a person familiar with the transaction.
- Texas accountants recommend toys that teach fiscal responsibility Friday, December 12, 2008 @ 5:18AMWith the gloom and doom of the economy dulling the spirits of Americans like the “Grinch Who Stole Christmas,” the time-honored tradition of spending money on gifts this holiday season is being rethought by many parents.
- IT majors in race for Rs 300-cr LIC contract Friday, December 12, 2008 @ 5:17AMAt a time when the banking, financial services and insurance (BFSI) sector across the world is going slow on technology spend in the wake of the global recession, Life Insurance Corporation of India (LIC) — the country’s largest player in the life insurance segment — is soon expected to float a tender for a Rs 200-300 crore IT outsourcing contract.
- Police amp up patrols for the holiday season Friday, December 12, 2008 @ 5:16AMThe holiday season is a time for gift wrapping, good tidings and, unfortunately, drunken driving.
- Global Stocks, Dollar Tumble as Auto Bailout Fails; GM Slumps Friday, December 12, 2008 @ 5:06AMDec. 12 (Bloomberg) -- Stocks tumbled around the world and the dollar slumped after the Senate rejected a bailout for American automakers, threatening to deepen the global recession. Treasuries rallied and yields fell to record lows.
- Good Works Friday, December 12, 2008 @ 5:02AM Sport Clips aids Misericordia
- Financial planning for OFW families Friday, December 12, 2008 @ 5:01AMTHE STEREOTYPE OF THE FINANCIAL advisor in a pinstriped suit servicing only well-heeled clients dies hard, but believe it or not, banks these days are beating a path to the doors of the not too well off to teach them about financial planning.
- Govt to borrow E18.5bn next year - NTMA Friday, December 12, 2008 @ 4:55AM## The Irish fund manager manager group vying with private equity to invest in Irish banks has told the four publicly-quoted institutions that it has a potential fund of 5 - 6 bn euro to invest.
- Terror insurance premium to rise Saturday, November 29, 2008 @ 9:05PMWith terror attack claims likely to wipe out over 70 per cent of the Rs 700-crore terror pool, insurers are expected to chip in with additional funds to replenish the corpus and raise the premium paid for terrorism insurance.
- Trinity sends Fox out a winner Saturday, November 29, 2008 @ 8:46PMWILTON - Trinity Catholic coach Bryan Fox had kept it a secret for a long time. He coyly did not let anybody but his inner circle know this would be his last season but they convinced him to share it with his players on Wednesday night.
- After Smoke, Soot and Water, a Great Church Is Cleansed Saturday, November 29, 2008 @ 8:28PMSince a fire in 2001, one part or another of the Cathedral Church of St. John the Divine has been closed for restoration. It will be formally rededicated on Sunday.
- Nevada Man Survives Accident, Trapped In Car 36 Hours Saturday, November 29, 2008 @ 8:16PMRENO, N.V. -- A Nevada man was counting his blessings after surviving a 36-hour ordeal trapped in his crashed Jeep in the frigid Sierra Nevada.
- ESCONDIDO: Insurance requirements for cabs stirring debate Saturday, November 29, 2008 @ 8:14PMESCONDIDO ---- A recent decision to triple the liability insurance requirements for Escondido cab drivers has raised questions about the survival of small cab companies in the city.
- Man Survives 36-Hours Pinned In Sierra Nevada Saturday, November 29, 2008 @ 7:52PMA Nevada man was counting his blessings after surviving a 36-hour ordeal trapped in his crashed Jeep in the frigid Sierra Nevada. Edward Duncan, 65, was released Saturday from a Reno hospital, where he was treated for three broken ribs and a broken wrist after being found amid the wreckage Thursday.
- NV man survives 36-hour ordeal in crashed Jeep Saturday, November 29, 2008 @ 7:51PMSat, Nov 29, 2008 (4:42 p.m.) A Nevada man was counting his blessings after surviving a 36-hour ordeal trapped in his crashed Jeep in the frigid Sierra Nevada.
- Commission wants action on VHI rules Thursday, November 27, 2008 @ 8:04AMThe European Commission has said Ireland remains in breach of its obligations under EU law regarding the scope and supervision of the VHI.
- Decoding that squiggle is a huge business opportunity Thursday, November 27, 2008 @ 8:01AMAround $70 billion is spent globally on handwriting records; scanning, storing and ‘reading’ them requires handwriting recognition software. How often have you looked at your meeting or study notes and given up saying, “Aaargh! I can’t figure out what I wrote?”
- Building Blocks for the Future Thursday, November 27, 2008 @ 7:59AMA longtime 4-H leader was honored posthumously Tuesday night with a “Friends of 4-H Award,” during the 78th annual Dickinson County 4-H Achievement Banquet at Sterl Hall.
- Insurance cover lapse rate set to decrease Thursday, November 27, 2008 @ 7:55AMIt may be a little harsh on policyholders who do not pay their premium on time but a uniform definition of lapse of insurance policy by Insurance Regulatory & Development Authority (Irda) is likely to ensure that more covers stay in force.
- Biz Week Thursday, November 27, 2008 @ 7:41AMTAX The state is considering cutting taxable income for firms to 15 percent as part of a crisis package that would ease fallout from the global financial crisis, Industry and Trade Minister Martin Říman told Czech Television last week.
- Thankful more than ever: Windsor family works to restore life to normal after tornado | By Sarah Bultema Loveland ... Thursday, November 27, 2008 @ 7:41AMOn May 22, when their Windsor home’s power went out, Maggie Barnhill and her young son, Riley, made the most of the situation and had a candlelight picnic in the living room. When it began to hail, the mother and son ran outside to collect the golf-ball-size ice chunks falling from the sky.
- Equitable Life sale abandoned due to economic turmoil Thursday, November 27, 2008 @ 7:38AMThe proposed sale of Equitable Life has been abandoned making the insurer the latest victim of the economic turmoil.
