By Taiga Uranaka TOKYO (Reuters) - Nippon Life Insurance Co is actively seeking mergers and acquisitions overseas, with a focus on the United States and Asia's emerging economies, the president of Japan's largest life insurer said on Monday.Japanese insurers have been among the most aggressive in overseas acquisitions. Yet, unlike smaller rivals, Nippon Life has not made a deal in the United States, except for a minority stake in asset management company TCW Group in 2017. "The United States is the world's largest life insurance market. We are looking for ways to expand our business there," President Hiroshi Shimizu told Reuters in an interview. "We would also like to explore various possibilities in Asia's emerging countries," he said, but did not provide details.While life insurers say there is still room for growth in Japan as its ageing demographics is likely to create demand for new insurance products in nursing and medical care, they are under increasing pressure to look overseas … [Read more...] about Nippon Life president says actively exploring M&A in U.S.
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By Nate Gartrell | [email protected] | Bay Area News Group September 22, 2018 at 7:00 am MARTINEZ — The fate of an Antioch man accused of murdering his father for insurance money was sent to a Contra Costa jury Thursday, culminating a month of testimony that put the victim and defendant’s home life in the spotlight. The prosecution painted defendant Scott Eastman, 24, as a conniving aspiring drug dealer who purchased narcotics through the Dark Web and plotted for months to kill his father, 43-year-old Relis Eastman, using apps that mask internet activity to solicit the purchase of the revolver and ammunition used in the killing. But the defense contended Scott Eastman loved his father and was set up by his stepmother, who set up an alibi for herself and left him to take the blame. “Scott Eastman is not a murderer,” deputy public defender Julian Ross told jurors Thursday, his voice rising. He later added, “Scott Eastman would help his … [Read more...] about ‘Inside job’ Antioch murder trial centers on victim’s family life
Haven Term policyholders can access to an online will service, a digital safe deposit box, an at-home DNA test and health report, and in store health services. NEW YORK, NY, USA, August 15, 2018 /EINPresswire.com/ -- A new offering unveiled today by online life insurance agency Haven Life provides customers with benefits beyond life insurance coverage. Haven Life Plus is an innovative rider to the Haven Term life insurance policy that helps policyholders live healthier, fuller and more protected lives. While Haven Life customers have already taken the important step of securing a term life insurance policy, issued by Massachusetts Mutual Life Insurance Company (MassMutual), they have other items on their to-do lists that they might not have gotten to yet. In February 2018, Haven Life surveyed policyholders to find out what benefits would appeal most to them. Eighty-three percent said they would use a free online will service if it were made available to them, 66% are interested in a … [Read more...] about Haven Life debuts Plus, a new suite of services that benefits life insurance customers while they’re living
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The life insurance innovator seeks to increase eligibility with expanded underwriting guidelines that include noncitizens and those with chronic illnesses NEW YORK, NY, USA, July 17, 2018 /EINPresswire.com/ -- Haven Life Insurance Agency (Haven Life) today announces that the Haven Term policy, issued by MassMutual, will now be available to, well, a whole lot more people. This expansion allows for both non-U.S. citizens and more individuals with chronic illnesses to be eligible for coverage. More than 22 million people have legally immigrated to America to build a future and raise their families. And Haven Life is thrilled to be able to offer these individuals a streamlined option for securing affordable and dependable term life insurance coverage of up to $1 million. “This expansion in eligibility illustrates our core values -- to be inclusive and give as many people as possible access to a simple way to financially protect their loved ones,” said Yaron Ben-Zvi, CEO and … [Read more...] about Haven Life expands eligibility to cover non-U.S. citizens and complicated medical histories