BNET Business Dictionary

Business Definition for: Life Assurance

Wiktionary Definition for: Life Assurance

  • an insurance policy that pays out on death (or on certain other conditions).

Additional Resources

S&P Afms Mutual Life Assurance Rtgs; Otlk to Neg
NEW YORK--BUSINESS WIRE--Standard & Poor's CreditWire 2/6/98 -- Standard & Poor's today affirmed its double-`A'-plus claims-paying ability and counterparty ratings of The Mutual Life Assurance Co. of Canada and its U.S. subsidiary, TMG Life Insurance Co. Concurrently, Standard & Poor's changed the outlook on Mutual Life Assurance and TMG Life...
Tags: S&P
Research articles 1998-02-06
Sun Life Assurance Company to Redeem Series 1 Debentures
TORONTO -- Sun Life Assurance Company of Canada (NYSE:SLF)(TSX:SLF) today announced its intention to redeem all of its outstanding $250 million 5.80% Debentures, Series 1, due May 15, 2013. The debentures were issued by the The Mutual Life Assurance Company of Canada subsequently Clarica Life Insurance Company, which was acquired...
Tags: Sun Life Financial Inc., Sun Microsystems Inc.
Research articles 2004-09-15
U.K. life insurer Scottish Widows Plc plans to sell closed life fund operator Abbey Life Assurance Co. Ltd. to Deutsche Bank AG for 977 million [pounds sterling] (about $1.9 billion) in cash.(Life/Health)
U.K. life insurer SCOTTISH WIDOWS PLC plans to sell closed life fund operator ABBEY LIFE ASSURANCE CO. LTD. to Deutsche Bank AG for 977 million ... U.K. life insurer SCOTTISH WIDOWS PLC plans to sell closed life fund operator ABBEY LIFE ASSURANCE CO. LTD. to Deutsche...
Tags: Deutsche Bank AG, insurance company
Research articles 2007-09-01
Quickeninsurance Adds ING, Sun Life to Insurance Rolls.(ING Life, Sun LIfe Assurance Company of Canada)(Brief Article)
QuickenInsurance has added ING Life Direct and Sun Life Assurance Company of Canada to its Web site, bringing the number of insurers offering products on the site to 28. The site, www.QuickenInsurance.com, offers insurance on life, auto, health, home QuickenInsurance has added ING Life Direct and...
Tags: ING Group, insurance, Sun Microsystems Inc.
Research articles 2000-12-01
World Updates.(International)(Case of Equitable Life Assurance Society vs Ernst & Young is discussed, as is other news)
Equitable Life to appeal auditor claims dismissal Equitable Life Assurance Society plans to appeal a U.K. High Court's dismissal of two negligence claims that the defunct life insurer brought against its former auditor, Ernst & Young. Equitable Equitable Life to appeal auditor claims dismissal...
Tags: Ernst & Young LLP, insurance company
Research articles 2003-02-17
CHINA: CANADIAN INSURANCE COMPANY SETS UP JV IN CHINA.(Sun Life Assurance Company of Canada and China Everbright Group Ltd. form joint venture)(Brief Article)
A new joint venture specialising in life insurance has been set up by China Everbright Group Ltd. and by the Sun Life Assurance Company of Canada. The new life insurance company is expected to start operations in Tianjin, in north China in the near f A...
Tags: insurance company, life insurance, Sun Microsystems Inc.
Research articles 2002-04-09
Sun Life Assurance Company declares quarterly dividend on Preferred Shares
TORONTO -- Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) The Board of Directors of Sun Life Assurance Company of Canada today announced a quarterly shareholder dividend of $0.40625 on each issued and outstanding paid-up non-cumulative preferred Class E Shares, Series 1 (TSX:SLA.PR.E), payable June 30, 2005 to shareholders of record at...
Tags: Sun Life Financial Inc., Sun Microsystems Inc.
Research articles 2005-04-28
Fitch Rates Standard Life Assurance IFS 'A'/IDR 'A-'
LONDON -- Fitch Ratings has today assigned UK life insurer Standard Life Assurance Limited ('SLAL') an Insurer Financial Strength ('IFS') rating of 'A' and an Issuer Default rating ('IDR') of 'A-' A minus. The agency has also assigned an IDR of 'BBB+' to Standard Life plc, which is the parent...
Tags: Better Business Bureau, Fitch Ratings, Standard Life Assurance
Research articles 2006-07-12
Updates; Equitable drops part of negligence suit.(Equitable Life Assurance Society withdraws part of its claim against Ernst & Young L.L.P)(Department of Trade and Industry of United Kingdom new corporate law)(Munich Reinsurance Co reserve boosts)
Equitable Life Assurance Society has dropped part of its negligence claim against its former auditors, Ernst & Young. The failed life insurer has withdrawn its "lost sale'' claim against the auditor, but it is still claiming u700 million ($1 Equitable Life Assurance Society has dropped part...
Tags: Ernst & Young LLP, corporate law
Research articles 2005-07-25
IT Watch: Marlborough gains oe4m in outsourced admin increase.(Marlborough Stirling gains 4 million Great Britain Pounds in outsourced administrative agreement with Sun Life Assurance Company of Canada)(information technology)(Brief Article)
Marlborough Stirling, a software and services provider to the life and pensions market, and insurer Sun Life Assurance Company of Canada UK have increased their outsourced administrative agreement. Marlborough Stirling, a software and services provider to the life and pensions market, and insurer Sun...
Tags: agreement, information technology, outsource, Sun Microsystems Inc.
Research articles 2002-11-18
Sun Life Assurance Company declares quarterly dividend of $0.40625 on Non-Cumulative preferred Class E Shares, Series 1.
TORONTO, ONTARIO, Jan 27, 2005 CCNMatthews via COMTEX Sun Life Financial Inc. (TSX:SLF)(NYSE:SLF) The Board of Directors of Sun Life Assurance Company of Canada today announced a quarterly shareholder dividend of $0.40625 on each issued and outstanding paid-up non-cumulative preferred Class E Shares, Series...
Tags: Sun Life Financial Inc., Sun Microsystems Inc.
Research articles 2005-01-27
Sun Life settles class action suit in Canada.(Sun Life Assurance Company of Canada)
Sun Life Assurance Company of Canada will pay $65 million Canadian to settle a class action suit alleging that the company misrepresented its 'vanishing premium' policies. Although there have been several class action settlements for otherwise termed premSun Life Assurance Company of Canada will pay $65 million Canadian to settle...
Tags: class action, class action suit, Sun Microsystems Inc.
Research articles 1997-07-14
Finansa Life Assurance in Thailand Strives to Improve Returns.
By Charoen Kittikanya, Bangkok Post, Thailand Knight Ridder/Tribune Business News Mar. 17--With the exit of its US shareholder, Nationwide Life Assurance is preparing to change its name to Finansa Life Assurance after its new major stakeholder, with plans to tap Finansa's ...
Tags: Bangkok Post, FINANCE, Insurance, Investment
Research articles 2004-03-17
Universal Holding To Acquire American Life Assurance Company
BREWSTER, NY--BUSINESS WIRE--May 24, 1995--Universal Holding Corp. (Nasdaq:UHCO) today announced that it has signed a definitive agreement to acquire The American Life Assurance Corporation, along with its two subsidiaries, First National Life Insurance Company and AmeriFirst Insurance Company, from New South Investment Corporation, a private corporation owned by Randall K....
Tags: accident, Benefits, Business Wire, financial, HEALTHCARE, SOFTWARE
Research articles 1995-05-24
Fitch Assigns 'AA-' Rtg To Great-West Life Assurance GREATs
Business Editors CHICAGO--BUSINESS WIRE--Dec. 23, 2002 Fitch Ratings has assigned an 'AA-' rating to Great-West Life Assurance Company's GWL C$350 million Great-West Life Trust Securities - Series A GREATs Series A. In addition, Fitch has assigned a long-term issuer rating of 'AA' to Great-West Life Assurance Company. The...
Tags: Fitch Ratings
Research articles 2002-12-23
Swiss Re Affiliate Acquires Exec Life Successor's Book.(Reassure America Life Insurance Company, Aurora National Life Assurance Company)(Brief Article)
Reassure America Life Insurance Company, Stamford, Conn., an affiliate of Swiss Re Life & Health America, will reinsure 95% of the life insurance and annuity business of Aurora National Life Assurance Company, Hartford. Reassure America also has the option to acquire Aurora's parent,...
Tags: Aurora National Life Assurance Co.
Research articles 2001-05-14
New Tool Looks At Employee Absence.(Liberty Life Assurance Company's productivity calculator)(Brief Article)
Liberty Life Assurance Company, a member of the Liberty Mutual Group, has announced development of the "Lost Productivity Calculator," a Windows-based tool that provides employers with estimates of the cost of all employee absences. Whil Liberty Life Assurance Company, a member of the...
Tags: absence, Liberty Mutual Group, tool
Research articles 2000-03-06
Sun Life Assurance Company Declares Quarterly Dividend of $0.40625 on Class E Non-Cumulative Preferred Shares
TORONTO -- The Board of Directors of Sun Life Assurance Company of Canada today announced a quarterly shareholder dividend of $0.40625 on each issued and outstanding paid-up Class E Non-Cumulative Preferred Share, Series 1 of Sun Life Assurance Company of Canada (TSX: SLA.PR.E), payable September 30,...
Tags: Sun Microsystems Inc.
Research articles 2004-07-29
Equitable Life Assurance Society.(AXA Group, securities ratings)(Brief Article)
In other rating news, Fitch has affirmed its ratings for the AXA group companies, including its 'AA' IFS rating on Equitable Life Assurance Society. The ratings reflect the important positions occupied by AXA in many of the world's major insurance ma In other rating news, Fitch...
Tags: security
Research articles 2001-04-30
A.M. Best Withdraws Ratings of Allied Dunbar Assurance plc and Eagle Star Life Assurance Company Ltd
OLDWICK, N.J. -- A.M. Best Co. has withdrawn the financial strength ratings of Allied Dunbar Assurance plc Allied Dunbar United Kingdom and Eagle Star Life Assurance Company Ltd Eagle Star United Kingdom at the request of the companies and assigned an NR-4 Company Request rating to each company. At the...
Tags: A.M. Best Co.
Research articles 2004-12-21