John Garamendi, the California insurance commissioner, puts a stamp of approval on life insurers.
The beneficiaries of Resona's bail-out are its shareholders, which include several big, troubled life insurers.
Less than a decade ago, Phoenix was one of the U.S.'s top-10 life insurers.
An expansion in the short-term yield differentials would make currency hedging more expensive for life insurers.
Life insurers are also backstopped by guaranty associations, whose benefit limits vary by state.
Should more banks and brokers go bust, life insurers are unlikely to get this money back.
Unless equity markets rally strongly, says Fitch, the creditworthiness of life insurers will be further downgraded.
Worse, life insurers have limited discretion to boost their finances by reducing payouts to policyholders.
The life insurers have made a royal mess of the management of their assets and liabilities.
Since most life insurers are not listed companies but mutual societies, disclosure standards are poor.
In short, I think that the Canadian life insurers have better prospects than the banks right now.
Deloitte and the life insurers stress the databases wouldn't be used to make final decisions about applicants.
Other financial institutions, among them life insurers and fund-management firms, have not started to mend their ways.
Second, Canadian life insurers are rapidly increasing their wealth management operations and becoming more exposed to investment markets.
Most life insurers have pleaded weakness when pressing to be allowed to break contracts and lower pay-out rates.
Other life insurers, who consider the company to be a leader in insuring high-risk groups, are watching carefully.
The non-life companies now seem destined to be folded into the bigger keiretsu groupings through their related life insurers.
The non-life companies are, on the whole, much smaller than the life insurers.
It also points up the interdependence between Japan's struggling banks and life insurers.
Although almost all life insurers still have a cushion of unrealised profits on equities, it has been getting thinner.
But banks and life insurers, who want to compete with the post office on even terms, are not satisfied.
ECONOMIST: Glacial moves in the reform of the postal savings giant
Vietnam has 29 non-life insurers and 14 life insurers, according to an April report from insurance ratings agency A.M.
MSN: HSBC puts Vietnam insurance business up for sale: sources
Results are more transparent, and wealth managers (as opposed to staid life insurers) tend to trade at relatively attractive multiples.
Regulators in Connecticut, New Jersey and New York, all home to major U.S. life insurers, say they haven't been briefed.
But historically, insolvencies are rare--only 100 or so life insurers have failed in the past 40 years, according to Gallanis' organization.
So far this year four life insurers have gone bust trying to make these awkward ends meet, and others will follow.
Japan's few dozen life insurers have colluded to sell identical coverage and pay identical yields on savings-type policies, regardless of investment returns.
Even if the financial contribution is small, a promising alliance could make all the difference to some of the more distressed life insurers.
Life insurers' biggest-selling product of the late 1980s was annuities offering fixed rates much higher than could be obtained from other fixed-income products.
Similarly, keeping weak life insurers alive helps the country's banks, which have lent large sums, often in the form of subordinated debt, to insurers.
应用推荐