Online Life Insurance

Investment losses caused Kansas City Life Insurance Co.’s 86 percent decrease in second-quarter earnings, and revenue fell 10.6 percent from the same quarter last year.

In a release after the market closed on Thursday, the Kansas City-based company (Nasdaq: KCLI) reported earnings of $1.7 million, or 14 cents a share, for the quarter that ended June 30. This compares with earnings of $11.8 million, or $1 a share, last year. Read more

MUMBAI: TATA AIG Life insurance company on Tuesday said that it will offer insurance solutions to the customers of Family Credit, the consumer finance organisation of Societe Generale. Through this partnership, Tata AIG life will provide personal loan insurance, a group insurance package for small-ticket personal loan (STPL) customers of Family Credit, an official release stated. Family Credit Life has a network of 35 branches and this will provide Tata AIG Life a ready-made platform to access Family Credit Life’s client base with its insurance solutions. Read more

Doha bank in strategic alliance with life insurance coporation international (lic)

Doha Bank has announced the launch of a strategic Bancassurance alliance with Life Insurance Corporation (LIC) – International, Bahrain to market range of insurance, retirement and investment products in the region. These products will be available for all residents irrespective of their nationalities. Read more

By Carol Wersich

Evansville has a new kid on the block dealing in health and life insurance, long-term care insurance and investments.

The company, which has located in Lakeside Commons at 3315 N. Green River Road, is known as the Great American Senior Benefits/Dan Beavin & Associates LLC. Read more

ING announced today that is has received approval from the relevantauthorities to start life insurance operations in the Ukraine. Thiswill allow ING to enter the fast growing life insurance market in acountry with over 46 million inhabitants and a rapidly growing middleclass. ING considers Ukraine to be an attractive emerging market,with strong growth indicators and a huge potential. Read more