The Eurolife ERB Asigurări Group, the owner of Eurolife ERB Life Insurance and Eurolife ERB Asigurări, continued its consolidation in the local market, reporting for 2017 a value of gross premium of RON 110 million, up 62 percent compared to 2016. The consolidated net profit was RON 3 million, down 10 percent from 2016, and the investment expenses were RON 4.6 million, double the previous year. “The results recorded in 2017 were in line with expectations, all the more so as they were recorded as a result of the launch of a comprehensive process of strategic business redefinition,” said Anita Nitulescu, CEO of Eurolife ERB Asigurări. “In 2017, we continued to lay the foundations for long-term development, allocating a significant investment budget to digital development – both in domestic and foreign platforms, as well as developing new products and attracting specialists, all alongside maintaining loyalty programs for our customers. Membership of … [Read more...] about Eurolife ERB Asigurari’s net profit down 10 pct last year to RON 3 mln
20 year level term life insurance
South Korean insurers are increasingly looking at long-dated bonds at home as rising hedging costs hurt their appetite for foreign assets, putting downward pressure on lengthier won debt yields.Shinhan Life Insurance Co. has been buying long debt at home as much as possible while reducing U.S. dollar exposure due to high hedging costs, said an official at the firm who asked not to be identified. Insurers bought all 30 billion won ($28 million) of 30-year note issued by state-owned Korea South-East Power Co. this month, a person familiar with the matter said.Driving the demand for long-term securities are stricter insurance capital rules that require the firms to extend the maturity of assets. Foreign securities have become less attractive as a way to lengthen the maturity of their holdings, as the cost to hedge dollar-denominated investments back into won surged to near nine-year highs.“Rising hedging costs are a real worry for insurers,” said Moon Hong-cheol, a … [Read more...] about Hedging Costs at 9-Year Highs Drive Korea Insurers to Local Debt
Share This Story! Let friends in your social network know what you are reading about Facebook Email Twitter Google+ LinkedIn Pinterest Different types of life insurance policies: What best suits you? Different types of policies offer different benefits and terms. Find out which best suit your needs. Sent! A link has been sent to your friend's email address. Posted! A link has been posted to your Facebook feed. Join the Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs Michael Camacho, For PDN Published 11:41 a.m. ChT April 20, 2018 CLOSE Simply Money Advisors discuss different kinds of life insurance. CONNECT TWEET LINKEDIN COMMENT EMAIL MORE Question: My wife and I just had our first child and I want to make sure that she is taken care of in case something happens to me. I know that life insurance will ensure this, but I am not sure what type of life … [Read more...] about Different types of life insurance policies: What best suits you?
Most of them cemented their legends by following up that win over Kildare with a second All-Ireland title, overcoming Meath in 2001. And 20 years after that first breakthrough title they gathered yesterday in the City of Tribes to share golden memories at an event sponsored by the Galmont Hotel, Murray Spelman Insurance & Finance, and the Tribesmen GAA Supporters’ Club. Among them was captain Ray Silke, an ever-present rock in the half-back line of 1998. He recalls a special year for Galway football and profiles the heroes that made it possible. 1 Martin McNamara (Corofin) ‘Mac’ had a super 1998. His form was outstanding that spring when Corofin defeated Erin’s Isle (Dublin) in the All-Ireland club final and he went from strength to strength from there. Stunning place-kicker when on his game and a player who was well ahead of his time with his ability to find teammates with both short and long restarts. Always cool in possession. An All-Star that … [Read more...] about A tribe of brothers: 1998 was a special year for Galway football
PUBLISHED: 20:29 29 March 2018 | UPDATED: 20:35 29 March 2018 Kath Sansom Julie Gilsenan with her son Harvey. Julie on the admin team of Sling The Mesh which now has more than 5,880 members (in March 2018). compared to 1,110 members in April 2017.. Archant Campaigners are calling for the Government to suspend pelvic mesh implants while a national recall contacts every woman who has had an operation using the plastic devices. Julie Gilsenan, seen far left Her six year old son told her not to book a bouncy castle for his birthday party because she is not a fun mum any more thanks to the pain from her mesh implant. Before the operation she ran 5K daily. Seen here with members of her local Sefton Town Council who are supporting Sling The Mesh. The call comes as women prepare for the next round in their fight to get mesh operations banned with a major debate in the main chamber of the House of Commons on April 19. Sling The Mesh, whose membership has increased six fold since last … [Read more...] about Don’t book a bouncy castle for my birthday party, you’re not a fun mum any more. Six year old sums up the mesh implant disaster.