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Best's Review back issues
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4 sales tips.(Editorial)
June 1, 2009... Selling life insurance can be a challenge during a recession. LIMRA International reports new individual life insurance premiums dropped 14% in 2008's fourth quarter, ending the year with a 7% dip. Some 60% of term life writers experienced lower premiums in 2008.
That's why now is a good...
Observers ask: is this the start of AIG's turnaround?(Briefing: Highlights From BestWeek)(American International Group Inc.)(Financial report)(Brief article)
June 1, 2009... American International Group Inc. officials pointed last month to the significant reduction in the company's losses as an indication that their efforts to restructure the company under a federal rescue plan are working.
Does AIG's reported first-quarter loss of $4.35 billion, compared...
Worth repeating.(Briefing: Highlights From BestWeek)(Liberty Mutual Insurance Co.)(Brief article)
June 1, 2009... "Capitalism without failure is like religion without sin."
--Ted Kelly, chairman, president and CEO of Liberty Mutual, discussing why the federal government should not be afraid to let insolvent insurance firms go under. He was part of a panel discussion on the future of the industry,...
AIG's recent transactions: to repay federal aid, AIG has been selling assets.(Briefing: Highlights From BestWeek)
June 1, 2009... * Nippon Life, AIG announced its Tokyo headquarters will be sold to Nippon Life Insurance Co. for about $1.2 billion. The sale is expected to close during the second quarter 2009.
* AIG Commodity Index. AIG closed on the sale of the DJ-AIG Commodity Index to UBS Investment Bank for $15...
Agency valuation webinar available.(Briefing: Highlights From BestWeek)(Brief article)
June 1, 2009... Best's Review subscribers can watch the "Agency Finance and Valuation 2009: What's My Agency Worth?" webinar by going to www.bestreview.com/agency09. The one-hour webinar includes: * The most important steps to take to get your agency ready for sale
* The role EBITDA (earnings before...