Banks that sold insurance were more profitable than those that didn’t in 2007, according to Bank Insurance Market Research.
As hurricane season approaches, financial advisers continue to look warily upon catastrophe bonds
Sun Life Financial Inc. of Toronto today released a new rider, the Retirement Income Escalator.
The Fair Fund distribution concludes the saga that began when the insurer was accused of falsifying financial statements.
The Hartford Financial Services Group announced changes to its flagship variable annuity and its sales force.
“We’re going to see new products for [income] guarantees that aren’t insurance,” said Laura Varas of FRC.
Allianz's first-quarter net income slid to $1.7 billion, down 66%, from $4.9 billion in the same period last year.
Retirees are increasingly worried that they will live too long and their savings will run out, and financial services companies are noticing.
One Goldman analyst says the bond insurers will need $3.4 billion each in added capital thanks to more quarterly losses.
“We are certainly ... disappointed that NAIFA’s board would suddenly change course on this important consumer protection issue"
The regulator wants to delay a rule that governs the review of deferred variable annuity sales.
A bill would create a federal office inside the Treasury to provide expertise on regulating the insurance industry.
Joseph P. Brandon, chairman and chief executive of General Re Corp., left his post following a rocky court case.
The Iowa Legislature has approved a bill to ban stranger-originated life insurance practices.
Zurich Financial Services announced that it is cutting 400 jobs at its North American business insurance unit.
Less than 20% of American workers feel confident that they will be able to afford a comfortable retirement .
The Association for Advanced Life Underwriting has created a political action committee, the organization announced.
CEO Martin Sullivan's pay package was sliced by one-third after AIG reported a 56% drop in annual profit in its 2007 net.
Life Insurance Strategies arranges premium financing of large policies for high-net-worth clients.
A 25-year veteran of the retirement and investment management industry, John Y. Kim comes to NYLIM from Prudential Retirement.
