| //25-01-2010 |
Aetna (NYSE: AET) and Walgreens announced that they have joined forces to educate people about the need to take in adequate levels of Vitamin D. The two organizations are working with United Way of the Midlands on a Vitamin D giveaway program being piloted in Richland and Lexington counties in South Carolina. They will be handing out coupons that residents can redeem at Walgreens stores for free 100-day Vitamin D supplies. The program will begin Jan. 23 and run until April 24, or as long as supplies last.
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| //23-01-2010 |
Jim Smith, Group Distribution Director at Royal London, has been appointed as a non-executive director of Origo Services Limited.
Commenting on the appointment, Paul Pettitt, Managing Director of Origo, said:
"I'm delighted that Jim Smith has agreed to join the Origo Board. He has considerable experience of the distribution side of the industry, including having worked as an adviser.
"We will particularly benefit from Jim's strategic perspectives on changes in the distribution landscape and on the effective use of technology by providers and financial advisers."
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| //19-01-2010 |
Swiss Re announced today the closing
of a US individual life retrocession transaction with Berkshire
Hathaway. The transaction builds on Swiss Re’s tradition of
portfolio steering and reinsurance risk transformation and will
improve its capital efficiency.
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| //18-01-2010 |
Swiss Life is presenting the MILESTONE programme at its Investors’ Day today. By 2012, Swiss Life aims to generate a return on equity of 10-12%, with over 70% of its new business in non-traditional and risk products, and to double the new business margin to over 2%. Distribution is also to be further strengthened through independent distribution channels. As regards AWD, Swiss Life is aiming for a distribution share of 20-25% of Swiss Life products in relevant product categories. By 2012, Swiss Life expects a dividend payout ratio of 20-40% of the reported profit.
At the centre of the MILESTONE programme aimed at sustainably boosting the Group’s profitability and competitiveness are five main thrusts:
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| //18-01-2010 |
The Swiss Life Group has appointed Matthias Aellig (38), formerly Chief Actuary Life of Zurich Switzerland, as its new Chief Risk Officer, with effect from the second quarter of 2010.
|
| //15-01-2010 |
Swiss Life sold part of its equity stake in MLP to the German health insurer Barmenia today, reducing its stake from 15.9% to 9.9%. It has been agreed not
to disclose the purchase price.
|
| //11-01-2010 |
Swiss Re has obtained USD 150 million protection for California earthquake risk through the Redwood Capital XI Ltd. catastrophe bond programme.
|
| //11-01-2010 |
Aetna (NYSE: AET) announced that its fourth-quarter and full year 2009 results will be made public on Friday, February 5, at 6 a.m. ET. Aetna also will host a conference call, which will begin at 8:30 a.m. on that day.
The public may access the conference call through a live audio webcast available on Aetna’s Investor Information link on the Internet at www.aetna.com. Financial, statistical and other information, including GAAP reconciliations, related to the conference call also will be available on Aetna’s Investor Information web site.
The conference call also can be accessed by dialing 877-856-1960 or 719-325-4747 for international callers. The company suggests participants dial in approximately 10 minutes before the call. The access code is 5132468. Individuals who dial in will be asked to identify themselves and their affiliations.
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| //11-01-2010 |
Swiss Life is presenting the MILESTONE programme at its Investors’ Day today. By 2012, Swiss Life aims to generate a return on equity of 10-12%, with over 70% of its new business in non-traditional and risk products, and to double the new business margin to over 2%. Distribution is also to be further strengthened through independent distribution channels. As regards AWD, Swiss Life is aiming for a distribution share of 20-25% of Swiss Life products in relevant product categories. By 2012, Swiss Life expects a dividend payout ratio of 20-40% of the reported profit.
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| //11-01-2010 |
With premium income of CHF 3.2 billion in the third quarter of 2009, the Swiss Life Group achieved 5% growth over the previous year. At the same time, operating costs were reduced by 3% over the same period. The Group solvency ratio increased to 168% by the end of September. AWD has returned to operational profitability in the third quarter. Its results for 2009 will be significantly impacted by one-off charges and restructuring costs.
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| //05-01-2010 |
Aetna (NYSE: AET) announced today that Joseph M. Zubretsky, executive vice president and chief financial officer, is scheduled to make a presentation at the J.P. Morgan 28th Annual Healthcare Conference on January 12, 2010, in San Francisco, CA.
Aetna’s presentation is scheduled to begin at 1:00 p.m. EST (10:00 a.m. PST). Investors, analysts and the general public are invited to listen to this presentation over the Internet via Aetna’s Investor Information link at www.aetna.com/investor. To listen to this presentation live on the Internet, visit Aetna’s web site prior to the presentation to download and install any necessary audio software. A webcast replay will be available via Aetna’s Investor Information link at www.aetna.com/investor, beginning approximately two hours after the event, for 14 days.
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| //04-01-2010 |
Swiss Re announced today that it has entered into a USD 1.0 billion long term Letter of Credit facility with JP Morgan, in order to support its US life business over the long term.
|
| //02-01-2010 |
Health care reform was intended to provide everyone with access to health care now and to stop the unsustainable above-inflation cost increases.
But these concepts have been trampled by the hordes of lobbyists (at least four per congressperson) demanding that the insurance industry remain central, that the pharmaceutical industry not have competition from imported drugs or government negotiating for lower prices, etc.
Apparently President Barack Obama's representatives offered behind-the-scenes promises to allow exactly those outcomes.
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| //01-01-2010 |
A Jefferson City man must pay restitution and complete a 60-day shock detention sentence in the Cole County Jail, after pleading guilty Thursday to stealing more than $1 million from Shelter Insurance.
According to court documents, Robert Riebold, 60, 1809 Lisa Drive, took the money while working as an adjuster for Shelter between August 2003 and August 2009.
|
| //01-01-2010 |
So you know all those ads claiming you can save a bundle on car insurance - with just a call or click of a mouse?
|
| //28-12-2009 |
Individual Plans - Providing comprehensive and flexible cover, these plans are designed for individuals or families living outside of their home country.
Family Plans - These plans will offer complete protection for you and your loved ones no matter where you are in the world. Even if you are thinking about starting a family these plans are a great idea.
Group Plans - Designed for groups of 2 or more people, these plans are perfect for a company, social club, or a sports team.
Travel Plans - Perfect for an international traveler, these plans can last for up to 12 months and are always tailored for your trip.
Teacher Plans - These plans are designed with teachers in mind. They can offer the freedom and flexibility that you need, and are completely customizable.
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| //28-12-2009 |
Aetna (NYSE: AET) today commended the U.S. Senate for taking action to significantly expand access to health care coverage for millions of Americans. While noting progress toward meaningful reform, Aetna Chairman and CEO Ronald A. Williams said that more needs to be done to deliver on the full promise of health care system reform.
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| //26-12-2009 |
Larry Bruner never imagined a dream cruise could so quickly become a medical nightmare. Along with his wife, Barbara, and another couple, the 70-year-old retired accountant boarded a Princess cruise ship last February for a two-week voyage off South America. The next day, doubled over in pain from a perforated colon, Bruner was transferred to a hospital in Puerto Montt, Chile.
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| //26-12-2009 |
Olympia is the second most secure place to live in the United States among midsize cities, according to the sixth annual Farmers Insurance Group study.
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| //26-12-2009 |
Yes our Congress gave us a giant lump of coal for Christmas, all greased down with lots of pork fat. The Insurance companies love it and their stock prices are going up. Why?, because both bills that need to be combined are a big gift to them. After spending so much to malign the insurance industry maybe those provisions will be taken to task.
What did we do to deserve nothing but a lump of greasy coal? We elected a bunch of representatives in the House and Senate who have no interest in anything but themselves and what their political leadership wishes. Those States represented by any other party than the Democratic could just as will not have any representation in our government. Nothing they propose or suggest can get past the majority party. Even something so simple as examining the Constitutionality of this major legislation was refused by a party line vote.
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