Co-op to stop selling life insurance after 125 years
750 sales experts to lose their jobs as Co-op opts to use Axa to provide its insurance products in future Some 125 years after selling its first life insurance product, the Co-operative is to pull out of the business, axing 750 sales experts. In a move that infuriated the union Unite, Co-op is to copy the model used by Britannia, with which it merged in 2009 , to use French insurer Axa to ...

Should You Use Life Insurance as an Investment? 3 Things to Consider
Every once in a while we get a call on our Financial Helpline from someone whose financial adviser recommended that they invest in a permanent life insurance policy (including whole, universal, or variable universal life). The adviser's pitch can sound compelling. ...

Allianz Life Appoints Sherri Du Mond as Head of Distribution Training
Allianz Life Insurance Company of North America today announced the appointment of Sherri Du Mond, formerly vice president of Internal Sales and Sales Development, as Head of Distribution Training.

Final IPO norms for life insurance companies by month-end
Insurance watchdog (Irda) today said the final guidelines to allow life insurance companies to raise funds from the capital market will be out by this month-end.