The Thai life insurance sector has weakened through 1998, with new premiums sliding more than 25 percent.The retreat comes amid government moves to liberalize, and as foreign investors increase their stake in the industry. The Thai Life Insurance Association reported a slide in both overall and new premiums in the first nine months of 1998. […]
MONY Life Insurance, a subsidiary of MONY Group Inc., plans to buy US Financial Life Insurance, an Ohio-based insurer for $48 million.US Financial Life has assets of $150 million, in-force life insurance premiums of $42 million and individual life insurance in force of over $5 billion. A special risk carrier, the company distributes its products […]
More than 26 million American households, or one in four, have no life insurance coverage, a new Roper Starch study reveals. Study findings show that, during the past three decades, the number of American households owning any type of life insurance has declined considerably, from 83 percent in 1976 to 74 percent in 1998.”This study […]
You won’t exactly attract a crowd at a cocktail party if you bring up the subject of life insurance. Although its financial sexiness pales in comparison with stocks, life insurance is one of the most crucial cogs in a successful financial plan.”There are more and more two-income families where, if even one of those incomes […]