Archive for March, 1999

METLIFE-KOREA LIFE ACQUISITION IN JEOPARDY STATE AUCTION HAS DEAL GOING, GOING . . .

The proposed deal between Metropolitan Life Insurance Co. and Korea Life could be scrapped now that the South Korean government has announced an international investment auction of 14 life insurance companies - including Korea Life - as part of a restructuring of the ailing domestic life insurance sector.Other life insurance companies besides MetLife want to […]

BERKSHIRE HATHAWAY LIFE LAUNCHES INTERNET SALES

Berkshire Hathaway Life Insurance of Nebraska rolled out an Internet sales effort for its annuities and life insurance products late Tuesday, the company reported.The company will be offering ‘’simple” insurance products over the Net, said Bobby Le Blanc, vice president. Mr. Le Blanc, who serves as the Internet project manager for the company, stressed the […]