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Life/Annuity

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Equitable Life Assur Society

1 through 20 of 25 matching documents, best matches first. Sort by date

UK Lawyer: Equitable Payout Would 'Pale' Against Bank Rescue
The government's planned compensation for policyholders in failed U.K. mutual life insurer Equitable Life Assurance Society would likely "pale into insignificance" against what has ...
Source: BestWire Date: August 2, 2010
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Details Uncertain for Equitable Life Compensation Pledge
The announcement by the U.K. government that it will compensate victims of failed mutual life insurer Equitable Life Assurance Society has added yet another measure of uncertainty ...
Source: BestWire Date: July 28, 2010
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New UK Government Stirs Up Financial Sector as It Moves to Reform Supervisory Agencies
David Cameron and Nick Clegg of the Liberal Democrats. The government's current chancellor of the exchequer, George Osborne of the Tories, stirred the waters in the City last ...
Source: BestWire Date: June 1, 2010
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Equitable Life CEO Backs U.K. Ombudsman on Compensation
Equitable Life Assurance Society. In a report, Ann Abraham, the ombudsman, told both houses of Parliament that she was "deeply disappointed that the government chose to reject many ...
Source: BestWire Date: May 11, 2009
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U.K. Parliamentary Panel Attacks Government on Equitable Life Compensation
December 2000 after losing a crucial court case. "We are disappointed that the government has chosen to act as judge on its own behalf by rejecting and qualifying a number of the ...
Source: BestWire Date: March 24, 2009
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Thomson to Leave Top Post at U.K. Mutual Equitable Life
Charles Thomson, who has been chief executive of U.K. mutual insurer Equitable Life Assurance Society since 2001, will leave his post in the fall, the company said. Equitable Life ...
Source: BestWire Date: March 2, 2009
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U.K. Government to Compensate Victims of Equitable Life Collapse
Pointing to serious regulatory failures, the U.K government announced plans to compensate victims of Equitable Life Assurance Society, the mutual brought down by its failure to ...
Source: BestWire Date: January 16, 2009
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U.K. Ombudsman to Report on Equitable Life
Equitable Life Assurance Society. If Ann Abraham recommends the government compensate Equitable Life policyholders, it could cost as much as an estimated 3 billion pounds (3.75 ...
Source: BestWire Date: July 14, 2008
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Perspectives: A European Parliament Inquiry Into the U.K. Life Insurer's Failure Suggests the Remedy Is -- More EU Oversight
Equitable Life Assurance Society, a U.K. mutual with more than a million policyholders, collapsed in 2000 after coming up short on promised payouts on certain policies, and ended ...
Source: BestWire Date: June 18, 2007
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Equitable Life Report Blasts U.K. Regulators
Life Assurance Society, a report that levels harsh criticism at U.K. regulators. Prepared by the EP's Committee of Inquiry, the 385-page report contains several findings that do ...
Source: BestWire Date: June 13, 2007
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European Lawmakers Launch Probe Into U.K. Handling of Equitable Life
European Union directives to the oversight of Equitable Life. The committee also will examine whether the European Commission properly monitored the implementation of EU law and ...
Source: BestWire Date: January 23, 2006
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A 'More Secure' Equitable Life Reports 3.5% Increase in Value of With-Profits Pensions
Equitable Life Assurance Society, the U.K. mutual, has reported a 3.5% increase in values in its U.K. with-profits pensions policies. This figure, delivered with Equitable Life's ...
Source: BestWire Date: April 1, 2005
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Equitable Cites Solvency Levels as Evidence of Progress
Equitable Life's chairman, said in a statement. Equitable Life stopped writing new business in December 2000 after being weakened by an unsuccessful court battle over its decision ...
Source: BestWire Date: September 28, 2004
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U.K. Parliamentary Committee Calls for Long-Term Savings Industry to Become More Open
In what it described as an attempt to begin rebuilding public trust in the United Kingdom"s long-term savings sector, the Treasury Committee of the House of Commons has called for ...
Source: BestWire Date: July 28, 2004
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Despite External Pressures, Insurers Told Their Industry Is in Management's Hands
Insurance Society at the Hilton Hotel on London's Park Lane. In the view of Donald Shepard, chairman of the executive board and chief executive officer of Aegon N.V. of the ...
Source: BestWire Date: July 12, 2004
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U.K. Regulator Bans Former Equitable Chief From Top Management Until 2010
Equitable Life, a once-respected U.K. mutual, stopped taking new business in December 2000 after a downward financial spiral caused by its decision not to make good on bonuses on ...
Source: BestWire Date: June 3, 2004
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Equitable Life Asks for Probe of U.K. Government Actuary
Equitable Life Assurance Society has asked the U.K. government to clear the way for the parliamentary ombudsman to investigate the possible role of the Government Actuary ...
Source: BestWire Date: May 28, 2004
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U.K. Minister Gets Grilling From Parliamentary Committee on Equitable's Collapse
Equitable Life Assurance Society. Ruth Kelly, financial secretary to the Treasury in the government of Labor Prime Minister Tony Blair, was questioned by the Treasury Select ...
Source: BestWire Date: March 17, 2004
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Perspectives: Equitable's Failure, Other Issues Test U.K. Life Insurers' Credibility
Equitable effectively threw in the towel and stepped selling policies. In the eyes of its customers, Equitable's failure to meet its obligations couldn't be brushed aside as a ...
Source: BestWire Date: March 15, 2004
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Penrose Report Faults Former Management in Collapse of U.K.'s Equitable Life
Penrose Report was commissioned by the U.K. Treasury in August 2001 to look into the failure of the mutual, which stopped accepting new business in December 2000. The company was ...
Source: BestWire Date: March 8, 2004
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