Japan’s Financial Reconstruction Commission approved the license application of Hartford Life Ins. Co. KK, The Hartford’s Japanese subsidiary, to sell variable annuities. Hartford immediately announced that effective today Nikko Securities, Japan’s second largest securities firm, would begin offering its annuity …
A new Swiss Re Sigma study gives an in depth look at the global insurance market based on 1999 premium figures from 134 countries. The industry, paced by booming life insurance sales, posted a 4.5 percent gain last year. “Worldwide …
According to the Kyodo news agency, Japan’s largest general insurer, Tokio Marine & Fire Insurance Co., will begin offering an insurance product in January to women who are the victims “stalking.” The coverage will be available through an alliance with …
Late nights with the new baby have given me time to do some online “window shopping.” And being the high-tech geek that I am, I’ve put together my own little holiday list of items: • Handspring’s Visor Prism I know …
Henri de Castries, who succeeded the legendary Claude Bébéar as head of AXA last May, told the French financial newspaper Les Echos that the company’s primary focus is on growth in the financial service sector for both companies and individuals …
Menlo Park based, Risk Management Solutions (RMS) and its Japanese partner OYO Corporation announced that their joint venture, OYO RMS, has completed “a detailed natural hazard risk analysis for the National Mutual Insurance Federation of Agricultural Cooperatives (Zenkyoren), which manages …
Swiss Re’s new Sigma 8/2000 report, “Japan’s Insurance Markets—A Sea Change,” examines the industry in depth and discusses the uncertainties and the future outlook. “Financial market deregulation, globalisation and the e-revolution are rapidly reshaping the competitive landscape of Japan’s USD …
In a controversial move Hideyuki Aizawa, the head of Japan’s Financial Reconstruction Commission, which is trying to straighten out the country’s financial problems, highlighted by the recent failure of two large life insurers, asked the Financial Services Agency, which regulates …
Another round of consolidation is shaping up in the Japanese insurance industry with the announcement that Yasuda Fire & Marine Ins. Co., Nissan Fire & Marine Ins. Co. and Taisei Fire & Marine Ins. Co. are holding talks aimed at …
Irvine, Calif.-based Autobytel.com Inc. announced it had formed partnerships with EyeVelocity, Source One Marketing, and automotive aftermarket accessory manufacturers LoJack, Katzkin Leather Inc., Saddleman and Steel Horse, to visually integrate the selection of aftermarket products into Autobytel.com’s consumer car-buying process. …
