Six insurers given preliminary approval to access Tarp funds



Six life insurers have been given preliminary approval to receive funds under the Troubled Asset Relief Program (Tarp) that US Congress is using to revive the country's ailing financial system.

In total, six companies - Allstate Corp; Ameriprise Financial; The Hartford; Lincoln Financial; Principal Financial; and Prudential Financial - have been accepted into the Capital Purchase Program (CPP), part of the Tarp scheme.

So far, The Hartford, Lincoln Financial and Principal Financial have said

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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