Life Insurance And Annuities

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RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 26, 2007
Jackson Life selects senior VP

Kevin Grant has been chosen as senior vice president of business planning services for Jackson National Life Distributors.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2007
Woods to retire from LIFE Foundation

Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2007
Gary Wendlandt named NYLI vice chairman

He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 19, 2007
Birthday gift annuities relieve worries

Children don't always grow up to be the responsible types we hope for. My client Anne is divorced, with a traditional individual retirement account valued at $1 million.

By Investment News Team
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 19, 2007
Swiss Re takes $878M subprime hit

The October loss stems from a pair of credit default swaps written by the firm’s Credit Solutions unit.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 19, 2007
NAILBA announces board picks

Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 16, 2007
Labor Life Insurance fined $20 million

Union Labor Life Insurance Co. today settled with the Department of Labor, paying $20 million over alleged violations of federal employee benefits law.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 15, 2007
National Financial grows annuity platform

National Financial Services has added seven insurance carriers to the company’s annuity program for B-Ds

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 15, 2007
The Hartford names group reinsurance VP

Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 14, 2007
Barbari named NYLI senior vice president

New York Life Insurance elected Patricia L. Barbari has to senior vice president in the Individual Policy Services department.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 12, 2007
Fixed-income annuities get thumbs up

Using a fixed-income annuity in a retirement income account resulted in greater long-term wealth, according to a study.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 09, 2007
Allianz’s Q3 profits soar

German insurer Allianz SE, saw third-quarter net profits soar 21%, reaching 1.92 billion euros ($2.81 billion).

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 08, 2007
AIG down, Marsh rises in 3Q

American International Group Inc.'s third quarter net income dropped to $3.09 billion or $1.19 per share.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 07, 2007
MassMutual names chief risk officer

Elizabeth A. Ward will handle all elements of strategic risk management and have oversight across MassMutual’s companies.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 06, 2007
Allianz upgrade to cover wildfire victims

Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 05, 2007
B-Ds brace for new rule on sales of deferred VAs

A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 05, 2007
NYLI names Eileen T. Slevin CIO

Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 05, 2007
Vendors of equity index annuities look to education

While many financial advisers continue to criticize and shun equity index annuities, insurance companies that sell the product are trying to improve its tarnished image by focusing on education.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 01, 2007
Aon to shed 2,700 jobs

The layoffs are part of a global restructuring plan that will cut down on expenses, Aon said in a filing with the SEC.

By Bloomberg
RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 01, 2007
LOMA honors Sun Life for education

Sun Life Financial’s U.S. division received the Life Office Management Association Educational Achievement Award.

By Bloomberg