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Hanover Insurance divests remaining run-off life insurance business (Insurance Business Review) The Hanover Insurance Group has sold its remaining run-off life insurance business, the First Allmerica Financial Life Insurance Company, to the Commonwealth Annuity and Life Insurance Company, a Goldman Sachs subsidiary.
AEGON Religare Life Insurance's ambitions in downslide phase (New Kerala) New Delhi, Jan 6 : Aegon Religare Life Insurance, a relatively new player in the life segment, today unveiled an ambitious strategy for the future with a planned growth rate of 20-25 per cent annually with entry soon into products like health and improved annuity plans.
Variable Annuity Outlook Hinges on Market Upturn (Financial Planning.com) Variable annuity sales sank in 2008 as the stock market's swoon scared investors off.
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