Life insurance benefits often deniedAn investigation in Bloomberg Markets magazine
Life insurance benefits often denied
An investigation in Bloomberg Markets magazine revealed that many life insurance beneficiaries have no chance to fight questionable denials of their claims. Don Teague reports on the investigation.
Fitch upgrades AIG's life insurance unit
Fitch Ratings said Monday that it upgraded the insurer financial strength ratings of American International Group Inc.'s life insurance and retirement business, citing the unit's improved results.
Post-Sept norms hit life insurance biz
Despite robust collections in March, first-year premium collections by life insurance companies rose only 15.13 per cent in 2010-11, the lowest rise since 2002-03. The industry had declined by 14 per cent in that period.