| 26.03.2008 - DJ DGAP-Adhoc: Erste Bank der oesterreichischen Sparkassen AG: Erste Bank sells insurance operations for ...
Release of an Ad hoc announcement, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. =-------------------------------------------------------------------------- <pre> Ad-hoc information Vienna, 26 March 2008 </pre> Erste Bank sells insurance operations for EUR 1,445m and signs 15 year distribution agreement with Vienna Insurance Group · Erste Bank to sell s Versicherung and its CEE insurance subsidiaries as well as the insurance subsidiaries of BCR to Vienna Insurance Group (VIG). Erste Bank or its respective CEE banking subsidiaries will retain a 5% share in each of the local life insurance companies · Both companies will sign a 15 year distribution agreement. Erste Bank and VIG will become preferred partners and will mutually distribute their products to their more than 20 million customers in a region of 120 million people.
Jackson Supports Medical Isotopes Technology
KENNEWICK -- Doctors call it a significant breakthrough in medicine. KAPP-KVEW's Hau Kuiang joins us live from the Three Rivers Convention Center in Kennewick. Jackson has attended numerous ribbon cuttings in his life. He declared today was one of the most important. "We are talking about research and cure. And we should not spare any scientific endeavor, in that pursuit," said Rev. Jesse Jackson. Ever since he learned the benefits, Jackson has been a vocal supporter of medical isotopes. "It's about advancing the cause of human life, and inspiring lives and significant as insurance is, insurance will not save your life, researching a cure will," said Jackson. Medical isotopes are tiny quantities of radioactive substance in a vial, and safely injected in a patient, who may have cancer.
The Facts About Premium Financing of Life Insurance
Premium financing has become a very important topic in the insurance industry. Premium financing of life insurance is a way for high-net-worth individuals, over the age of 55, to obtain the life insurance coverage they need without having to divest high yielding assets. .
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