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Foreign Partners Poised to Aid Growth in Myanmar’s Life Insurance Sector

By Danny Fenster 25 July 2019 YANGON—While joint-venture proposals from foreign insurance companies are being reviewed by the country’s insurance business regulatory board, some of Myanmar’s largest insurance companies are already building bridges to leverage foreign expertise for the growth of Myanmar’s nascent insurance industry. After two years of delays, Myanmar began allowing insurance companies to operate in the country’s life insurance market for the first time in April. The Ministry of Planning and Finance—which oversees the regulatory board—has granted licenses to five foreign companies thus far: Chubb Tempest Reinsurance of the United States; Dai Ichi Life Insurance of Japan; AIA...

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Contents Insurance Market Analysis 2019 Allianz, AXA, Nippon Life Insurance, American Intl. Group Rise Media

The recently published report called Global Contents Insurance Market Research Report 2019 by Market Research Place, is said to be analytical research which offers a deep analysis on Contents Insurance market. The report studies market overview defining; definition, types, applications latest trends in order to identify the revenues and examine the progress of the market over the forecast period from 2019 to 2025. The report emphasizes the market summary covering classifications and market chain structures as well as the competitive framework of the market. The report provides a meticulous evaluation of all of the segments including the type of product, application, and region. The...

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ICICI Prudential Life Insurance net up 1% - The Financial Express

The total premium registered a growth of 14.7% from Rs 5,518 crore for Q1-FY2019 to Rs 6,329 crore for Q1FY2020. ICICI Prudential Life Insurance on Wednesday reported a net profit of Rs 285 crore for the quarter ended June 30, a flat growth of 1% compared to the corresponding quarter a year ago. The private sector life insurer had a net profit of Rs 282 crore in the 2018 June quarter. The total premium registered a growth of 14.7% from Rs 5,518 crore for Q1-FY2019 to Rs 6,329 crore for Q1FY2020. The annualised premium equivalent (APE) grew by 5.3% from Rs 1,396 crore in Q1-FY2019 to Rs 1,470 crore in Q1FY2020. The annualised premium equivalent is the sum of annualised first-year regular...

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Midland National Life Insurance Company Named to 2019 Ward’s Top 50 List

Midland National Life Insurance Company Named to 2019 Ward’s Top 50 List Recognition highlights company’s high-performance standards over the past five years WEST DES MOINES, Iowa, July 24, 2019 (GLOBE NEWSWIRE) -- Midland National Life Insurance Company (Midland National) has been named to the 2019 Ward’s 50 list of top performing life-health insurance companies. The list is generated annually after careful analysis of more than 700 life-health companies. Each top 50 company has achieved superior performance and passed all safety and consistency screens over a five-year period – from 2014-2018 – analyzed by the Ward Group. “It’s an honor to be among Ward’s top life-health insurance...

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The Ultimate Guide: Guaranteed Issue Life Insurance

The Ultimate Guide to Guaranteed Issue Life Insurance Are you interested in learning more about guaranteed issue life insurance? Want to see the best companies, rates, and tips for finding the best guaranteed issue policy for you or a loved one? If yes, this complete guide on guaranteed issue life insurance is for you. After reading this, you will know: About Guaranteed Issue Life Insurance Guaranteed issue life insurance works just like any other life insurance policy, meaning that the beneficiary of the policy will receive a payment called a “death benefit” when the insured person passes away. The difference between guaranteed issue life insurance, and most other life...

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LIFE INSURANCE

Настоящее Соглашение об использовании материалов (далее — Соглашение) определяет условия и правила использования материалов и сервисов сайта www.lifeinsurance.kz (далее – Сайт) 1.1. Настоящее Соглашение устанавливает условия и правила использования материалов (включая, но не ограничиваясь: все публикуемые на Сайте новостные сообщения, аналитические статьи, тексты, изложенные в виде мнений специалистов, фотографии, иллюстрации, видеосюжеты, аудиозаписи и прочие материалы (далее – Материалы) 1.2. Администратором Сайта является Сетевое издание «Информационно-аналитический сайт о страховании жизни «LIFE INSURANCE» (далее – Администратор). 1.3. Пользователем Сайта является любое лицо,...

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Over $17 million in life insurance benefits located for Tennesseans

Over $17 million in life insurance benefits located for Tennesseans NASHVILLE, Tenn. (WVLT) - The Tennessee Department of Commerce and Insurance (TDCI) announces that over $17.5 million in life insurance benefits have been located for Tennesseans since Jan. 1 The Life Insurance Policy Locator Service is a free tool that enables beneficiaries, executors, or legal representatives of a deceased person to track down the life insurance policies or annuity contracts of their late family members or friends. During the five-month period of January 1, 2019, to May 31, 2019, Tennesseans submitted a total of 992 requests to the Life Insurance Policy Locator Service. Of those submitted, 398 requests...

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Tennesseans Locate Over $17.5M in Life Insurance Benefits

NASHVILLE – The Tennessee Department of Commerce and Insurance (TDCI) announces that over $17.5 million in life insurance benefits have been located for Tennesseans since Jan. 1 through the National Association of Insurance Commissioners’ (NAIC) Life Insurance Policy Locator Service. Available since November 2016, the Life Insurance Policy Locator Service is a free tool that enables beneficiaries, executors, or legal representatives of a deceased person to track down the life insurance policies or annuity contracts of their late family members or friends. During the five-month period of January 1, 2019 to May 31, 2019, Tennesseans submitted a total of 992 requests to the Life Insurance...

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Who's who on a life insurance policy

Who's who on a life insurance policy Barbara Marquand - Last updated: Dec. 28, 2018 Sorting out who can do what with a life insurance policy can be confusing. Can a son take out a loan against his elderly mother's life insurance? Can an insured woman change who receives the death benefit before she dies? Can a former wife claim the death benefit on her ex-husband's insurance policy even if the divorce was final 20 years ago? The answers depend on which roles each of these people play on the policy. To make matters a bit more complicated, one person can play more than one role. Here's what you need to know to sort it out: Three basic life insurance roles Generally there are three parties to...

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What Does it Mean When a Life Insurance Policy is “Paid Up”? - Life Ant

FREQUENTLY ASKED QUESTIONS What exactly does it mean when a life insurance policy is considered “paid up”? Is anyone able to have a paid-up life insurance policy and how do you even know if your life insurance policy has a paid-up option? What exactly are some of the benefits of having paid-up life insurance? All of these are good questions to ask about a paid-up life insurance policy and are important in understanding when making financial decisions pertaining to your financial future. What is a Paid Up Life Insurance Policy? To begin, it is important to be aware of what a paid-up life insurance policy is. Paid-up life insurance pertains to a life insurance policy that is paid in full,...

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