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Standard Insurance Company
Standard Insurance Company, also branded as The Standard, is an American insurance and financial company which is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. On July 23, 2015, Meiji Yasuda, a Japanese mutual insurance group, made an offer to purchase Stancorp Financial for $5 billion. The transaction was completed in the first quarter of 2016. The Standard covers 8.5 million people (June 30, 2008) in the USA through and out of above 30,000 employers with group and individual disability insurance, group life, AD&D and dental insurance, retirement plans products and services, individual annuities. It is licensed in 49 states and Washington, DC. In New York it has Standard Life Insurance Company of New York. The average loan-to-value ratio on new loans was 64 percent in 2008. Standard Insurance Company has maintained an “A” rating or higher from A.M. Best Company since 1928. Assets $14.56 billion (March 31, 2009). 3,400 employees in 2008. In Dece ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Life
Standard Life is a life assurance, pensions and long-terms savings company in the UK which is owned by Phoenix Group. History 1825–2010 The Standard Life Assurance Company was established in 1825 and was reincorporated as a mutual assurance company in 1925.Standard Life history: One of the first Empire builders The Scotsman, 2 September 2010 During the 19th century it opened offices in Canada, India, China and, . In 2006 demutualisation took place and the company was floated on the |
Loan-to-value Ratio
The loan-to-value (LTV) ratio is a financial term used by lenders to express the ratio of a loan to the value of an asset purchased. In Real estate, the term is commonly used by banks and building societies to represent the ratio of the first mortgage line as a percentage of the total appraised value of real property. For instance, if someone borrows to purchase a house worth , the LTV ratio is or , or 87%. The remaining 13% represent the lender's haircut, adding up to 100% and being covered from the borrower's equity. The higher the LTV ratio, the riskier the loan is for a lender. The valuation of a property is typically determined by an appraiser, but a better measure is an arms-length transaction between a willing buyer and a willing seller. Typically, banks will utilize the lesser of the appraised value and purchase price if the purchase is "recent" (within 1–2 years). Risk Loan to value is one of the key risk factors that lenders assess when qualifying borrower ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1906
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Companies Established In 1906
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of The United States
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Plaza
Standard Plaza is a 16-story office building in downtown Portland in the U.S. state of Oregon. At in height, it was the largest office building in Oregon when it was completed in 1963. The structure, occupying a city block on SW 6th Avenue between Main Street and Madison Street, is owned by Standard Insurance Company, which also owns the neighboring Standard Insurance Center. It was designed by Skidmore, Owings and Merrill in the international style. History Construction firm Andersen–Westfall was awarded the contract to build Standard Insurance's new headquarters in March 1961. The bid was for $6.4 million on the project that was expected to cost $8.3 million total. Construction began in 1961, and by January 1962 the superstructure had risen to four stories above ground-level. At that time it was expected that construction would be complete by March 1963. A strike in June 1962 by the Iron Workers Union halted work on the project, though the strike itself was part of a la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard Insurance Center
The Standard Insurance Center, originally the Georgia-Pacific Building, is a 27-story office building in Portland, Oregon. Completed in 1970, it currently serves as part of the headquarters of The Standard, the brand name under which Standard Insurance Company and other subsidiaries of StanCorp Financial Group, Inc., do business. Standard also owns the 16-story Standard Plaza, located two blocks south along 5th Avenue. History The Georgia-Pacific Building was commissioned by Georgia-Pacific and designed by the firm of Skidmore, Owings & Merrill (SOM). At the time of construction, it was the tallest reinforced concrete building in the world. It was completed in 1970. When Georgia-Pacific left Portland, the Standard Insurance Company purchased the building in 1984 for $43 million, renamed it Standard Insurance Center, and removed all GP signage. Details Standing tall, the tower contains 27 above-ground stories. Valued at $114 million, the structure contains of space. Built of co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portland Business Journal
Portland most commonly refers to: * Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States * Portland, Maine, the largest city in the state of Maine, in the New England region of the northeastern United States * Isle of Portland, England, a tied island in the English Channel Portland may also refer to: Places and establishments Australia * Cape Portland, Tasmania, a cape on the north-eastern tip of Tasmania * Portland, New South Wales, a town with the first Australian cement works * Portland, Victoria, a regional city and port * City of Portland (Victoria), a former local government area (LGA) Canada * Port Lands, Toronto, Ontario (sometimes mistakenly spelled "Portlands"), the eastern part of the Toronto waterfront * Portland Island (British Columbia), a small island off the coast of Vancouver island * Portland Inlet, an inlet between southeastern Alaska and British Columbia **Portland Canal, an arm of Portland Inlet * Por ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Meiji Yasuda Life
is a Japanese life insurance company, headquartered in Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ... and created in 2004 from the merger of Meiji Life and Yasuda Life. The company is one of the oldest and largest insurers in Japan. The Meiji Yasuda Life Insurance Company is a member of the Mitsubishi and Fuyo groups and participates in the former's Friday Conference. History In 1881, entrepreneur Zenjiro Yasuda founded the Yasuda Mutual Life Insurance Company, making it part of the Yasuda zaibatsu. On January 1, 2004, Meiji Mutual Life Insurance Company and Yasuda Mutual Life Insurance Company merged to create the Meiji Yasuda Life Insurance Company. References External linksCompany website(in Japanese)Company website(in English) Insurance companie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leo Samuel
StanCorp Financial Group, Inc. is an insurance and financial services company based in Portland, Oregon, United States. In 2006 it ranked as number 731 on the Fortune list with in excess of $2 billion in annual revenues. Founded in 1906, the company's main subsidiary is Standard Insurance Company. From 1999 until 2016, StanCorp was publicly traded on the New York Stock Exchange. History The company was founded in Oregon in 1906.Quick Facts. StanCorp Financial Group. Retrieved on February 28, 2008. On February 24, Leo Samuel founded the Oregon Life Insurance Company. In 1946 the company name was changed to Standard Insurance Company. Then in 1962, the company moved its headquarters into the newly constructed |
Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
