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SBI wants non-life insurance partner
es of India - The bank is looking for a joint venture partner for its proposed foray into non-life insurance in accordance with the foreign direct investment regulations for insurance companies in India," SBI said while inviting the EoIs. The prospective JV.
Torchmark Corporation Announces Change in Domicile State of Insurance Subsidiaries to Nebraska (Centre Daily Times)
chmark Corporation (NYSE: TMK) announced today that it has redomesticated two of its leading insurance subsidiaries, United American Life Insurance Company, and Globe Life And Accident Insurance Company, from Delaware to Nebraska. Torchmark plans to redomesticate other of its subsidiaries to Nebraska this year. After studying the premium tax rates in a number of states, as well as the.
Fitch Withdraws Rating of CNA's Transcontinental Insurance Company (Centre Daily Times)
ch Ratings has withdrawn the 'A' insurer financial strength (IFS) rating of CNA Financial Corporation's (CNA) insurance subsidiary Transcontinental Insurance Company due to the merger of this entity into its direct parent company, National Fire Insurance Company of Hartford, effective Dec. 31, 2007. All other ratings of CNA and its insurance subsidiaries are not affected by this action. This.
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