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Life Insurance News


SEI: More Pension Plans Using Alternative Assets – in Moderation
More U.S. pension plans seem to be using some alternative investments, but fewer plans seem to be using alternative investments a lot.

SEI Investments Company, Oaks, Pa. (Nasdaq:SEIC), has included statistics on plan alternative investment allocations in a summary of results from a recent survey of 106 pension.. ... More
 
Tracking Down and Collecting Unclaimed Life Insurance
THE most basic purpose of having a life insurance policy is to provide some assistance for loved ones when you die. Wealthier people sometimes use life insurance for estate planning, while most people expect the policies on which they have paid premiums for decades to help their heirs get by — or at the least cover funeral expenses. ... More
 
European Court Bans Gender as Factor in Insurance
The European Union’s high court ruled Tuesday that insurers and pension plans cannot offer different contracts for men and women because that amounts to sex discrimination.

* The ruling by the European Court of Justice could mean that women drivers across Europe would pay more for their car insurance.. ... More
 
Insurers Remain Strong As Irene Advances
Hurricane Irene has rightfully concerned the millions of Americans who reside within the storm's projected path but the private-sector insurers who cover their properties have the financial resources to pay whatever insured claims Irene generates, according to the Insurance .. ... More
 
Five Life Insurance Companies Lose Their AAA Status
Standard and Poor’s (S&P), a United States-based financial services company and one of the “Big Three” credit rating agencies, stripped Northwestern Mutual Life Insurance Company of its AAA status on August 8, 2011. The Milwaukee-based company was one of five American-based insurance companies that lost their high credit grade in August. ... More
 
  
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