Minneapolis-based Allianz Life Insurance Company of North America today announced that the rating agency Standard & Poorâs * recently affirmed the companyâs rating as AA with a negative outlook which continues to be in-line with Allianz SE, the parent companyâs overall rating.
Axa highlights life insurers' problemsLONDON/FRANKFURT (Reuters) - Life insurer Axa cut its profit outlook, underscoring the difficulties faced by companies in this part of the market who are committed to minimum payouts to customers. The move was in sharp contrast to reinsurer Munich Re , the world's biggest seller of protection to home and business insurers, which raised its outlook on Wednesday. Axa, Europe's No. 2 insurer by ...
New York Life Donates $1 Million to Hurricane Sandy Relief EffortNew York Life announced today it will donate $1,000 ,000 to aid Hurricane Sandy relief efforts, allocating $500,000 to the American Red Cross, $250,000 to the Mayor's Fund to Advanc
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