The near-collapse of Equitable Life shocked not just the firm's policy holders, but the whole life insurance industry. Now the report of Lord Penrose has laid open what went wrong. Equitable Life was promising its policyholders more money than it actually had for more than a decade, according to one of the most striking findings in the Penrose report.
Where Equitable Life went wrong?
http://news.bbc.co.uk/2/hi/business/3547441.stm
NTUC Income is not like Equitable Life
http://tankinlian.blogspot.com/2008/05/ntuc-income-is-not-like-equitable-life.html
Subscribe to:
Post Comments (Atom)
Popular Posts
-
According to a report in TodayOnline , Temasek-linked firms may post lower dividends this year. Even billionaire Warren Buffett's Berksh...
-
Singapore’s Land Transport Authority has just released an updated official MRT map including one additional station on the North East Line (... -
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
Robocopy, short for "Robust File Copy" is an advanced command-line utility included in Windows. It's designed to copy files an...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.