Fitch Revises Rating Watch on Liberty Life Insurance Co's IFS
Fitch Revises Rating Watch on Liberty Life Insurance Co's IFS to Negative
Fitch Ratings has revised the Rating Watch status of Liberty Life Insurance Company's 'A-' Insurer Financial Strength rating to Negative from Evolving.
High service tax on life policy to lower returns for holders
New Delhi, Feb 28 (PTI) The government today proposed to increase the service tax on life insurance policies to 1.5 per cent from 1 per cent, a move that would increase the premium cost for policyholders."It is being provided that tax shall be charged in the portion of the premium... the composition rate is also being increased from 1 per cent to 1.5 per cent," Finance Minister Pranab Mukherjee ...
Allianz Life Facilities Team Earns Industry Recognition
Allianz Life Insurance Company of North America was recently recognized by the Minneapolis/St. Paul Chapter of the International Facility Management Association with the Best Facilities or Design Practice award.