Posted by on August 10, 2010
Life insurers are facing broad criticism for profiting from the death benefits of soldiers and other life insurance policyholders even after a claim is supposed to be paid. Insurers are using so-called “retained benefit accounts” to hold onto payments they owe to families of deceased policyholders. They deposit the funds in insurer-controlled accounts, rather than transferring the payment to a bank or issuing a check to beneficiaries. The practice allows the insurer to hold onto money and continue earning interest on funds they are otherwise required to pay out as claims. Policyholders are told that their benefits are safey tucked away, and they’ll get interest payments in the meantime. Read all post…
Posted by on August 9, 2010
It is normal if you get stressful when writing an art dissertation. Just like the other dissertations, art dissertation also needs hard work and much time. You really need to devote your time and thought to the writing process especially if you expect to get excellent grade. Art dissertation writing process consists of many stages and you have to do each stage carefully. First, you need to decide a topic that attracts your interest. Choosing a topic is a crucial step in the writing process since choosing the wrong topic can make your effort gets more difficult. After that, you need to write a proposal that can convince the committee about your research.
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Posted by on August 9, 2010
Travel insurance carriers often provide useful travel information on the company website. Travel Guard recently posted a story about cliff diving and a popular destination in Queenstown, New Zealand. The following is an excerpt from the article:
Adventurers know that Australia and New Zealand travel provides for some truly unforgettable experiences. Whether its climbing Mount Cook in New Zealand or exploring the Great Barrier Reef, the natural delights of the South Pacific have kept travelers coming back.
That’s also true of one of the more interesting manmade endeavors in the region, the Shotover Canyon Swing in Queenstown, New Zealand. Thi
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Posted by on August 6, 2010
WASHINGTON — As Americans struggle with double-digit hikes in their health insurance bills, millions are coming up against a hard reality: the state regulators who are supposed to protect them can often do little to control what insurers are charging.
In many states, it is the insurance industry that largely control the regulatory process, funneling money to key state lawmakers and squelching efforts to expand government oversight of premiums, a review of state regulations and campaign donations shows.
“The pressure that the industry can bring to bear in state legislatures is unbelievable,” said J. Read all post…
Posted by on August 6, 2010
– Highlights for the Quarter:
Consolidated revenues for the financial services businesses was at Rs. 1,277 crores, registering growth of 22.5% (y-o-y)
Profit Before Tax of Rs. 78 crores, as against a loss of Rs. 90 crores (y-o-y)
Birla Sun Life Insurance registers profit for the first time, since inception
The market share for Birla Sun Life Mutual Fund rose to 9.34% at the end of Q1 as against 8.34% at the end of March 2010
Aditya Birla Money Mart ranked as the 2nd largest corporate distributor in terms of Assets under advice (AUA), as on 30th June, 2010 (CAMS report)
The Aditya Birla Financial Services Group (ABFSG) has built a significant presence across its verticals, viz., life insurance, asset management, private equity, NBFC, broking, insurance advisory and wealth management & distribution.
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