Life insurance corporation

Annuity Wholesaler, Wholesale Life Insurance, Long Term Care Insurance, Disability Insurance, IMO, FMO, Insurance Marketing, Variable Annuities, Fixed Annuities, Retail Annuities, Retail Insurance, US Marketing Corporation Grafton, Wisconsin

Leading FMO / IMO Serving the U.S.Retirement, Investment Income Options for Your ClientsU.S. Marketing Corporation is a leading national distributor of financial and insurance products, wholesale and retail. With a strong emphasis on personalized service, we offer tools, training and consulting to financial institutions and investment professionals. You...

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Life Insurance, Corporation Bank

Corporation Bank has been consistently in the forefront to provide new innovations and value additions to its customers. The Bank now provides through its branches total life solutions to meet all your insurance requirements through the products of India's leading insurers.The Bank is the corporate agent for LIC of India and New India Assurance Company Ltd.So, the entire life insurance product range of the world's largest life insurance company LIC of India are now available through the branches of Corporation Bank. Be it a pension plan or term insurance, endowment or investment type, Money back or Capital Market linked plan or a whole life product, the entire array of products are...

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ORIX, News Releases, 2015, Merger Agreement between ORIX Life Insurance Corporation and Hartford Life Insurance K.K.

Merger Agreement between ORIX Life Insurance Corporation and Hartford Life Insurance K.K.TOKYO, Japan - February 5, 2015 -ORIX Life Insurance Corporation (hereinafter, "ORIX Life Insurance") and its subsidiary, Hartford Life Insurance K.K. (hereinafter, "HLIKK"), have made the board decisions and signed the agreement today to merge on July 1, 2015, based on the premise that the Financial Services Agency approves this merger, with ORIX Life Insurance being the surviving company and HLIKK being the absorbed company. This merger will have no impact on our customers...

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Global Freedom of Expression, Life Insurance Corporation of India v. Manubhai - Global Freedom of Expression

Content Attribution PolicyGlobal Freedom of Expression is an academic initiative and therefore, we encourage you to share and republish excerpts of our content so long as they are not used for commercial purposes and you respect the following policy:Attribute Columbia Global Freedom of Expression as the source.Link to the original URL of the specific case analysis, publication, update, blog or landing page of the down loadable content you are referencing.Attribution, copyright, and license information for media used by Global Freedom of Expression is available on our Credits page.Case AnalysisCase Summary and OutcomeBoth the appeals in the case concerned a common question of law: the...

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Life Insurance Corporation declares one-time bonus in Diamond Jubilee year, The Indian Express

The bonus amount will increase by Rs 500 each for every older policy with a five-year gap.Life Insurance Corporation (LIC) on Thursday announced a special one-time bonus ranging from Rs 5 to Rs 60 per thousand rupees of sum assured to policyholders as part of its Diamond Jubilee celebrations this year. The move will benefit over 29 crore individual policyholders of the national insurer as well as over 12 lakh group policyholders.This converts into Rs 500 for a policyholder with an assured sum of Rs 1,00,000, or Rs 6,000, depending on the duration of the policy, meaning older the policy or closer to the maturity date, maximum the bonus....

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Life Insurance Corporation: Don t go the UTI way

Life Insurance Corporation: Don't go the UTI wayWords like 'trust' and 'life' are abused in India. First it was the Unit Trust of India debacle -- a state-owned mutual fund that collapsed. Unit Trust of India adhered to mutual fund rules framed by Securities and Exchange Board of India. Yet, it remained an extra-constitutional body as the UTI Act 1969 continued to be the Act to govern UTI despite Sebi. The result was that the government had to step in, using taxpayers' money, and fill the gap between assets and liabilities.Now, it appears that the Life Insurance Corporation of India could follow the same downhill path if reforms do not happen, and fast. If the government does not want the...

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History of Life Insurance in India

History of Life Insurance in IndiaFor the upcoming LIC AAO exam, we are providing an article on history of Life insurance in India. We hope that will help you.Life Insurance Corporation (India) (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai.The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalized the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation.The Oriental Life Insurance Company, the first company in India offering life insurance coverage, was...

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EastWest Ageas Life granted license by Insurance Commission,

EastWest Ageas Life granted license by Insurance CommissionEastWest Ageas Life Insurance Corporation (EastWest Ageas Life), a joint venture of EastWest, one of the country’s fastest growing universal banks, and Ageas Insurance International NV (Ageas), an international insurance group based in Belgium with a heritage of more than 190 years, was recently granted a life insurance license by the Insurance Commission.In May of last year, EastWest and Ageas signed a joint venture (JV) agreement with an equal shareholding of 50 percent each in EastWest Ageas Life.While the license grants permission to underwrite life insurance, EastWest Ageas Life still has to wait for Bangko Sentral ng Pilipinas...

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