Life Insurance And Annuities

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RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 29, 2008
Dinallo races to bolster bond insurers

Efforts to bail out bond insurers may be too late to prevent a ratings downgrade, a research firm says.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 29, 2008
Banc One fined for deferred VA sales

Banc One Securities Corporation of Chicago was fined $225,000 by FINRA for making the unsuitable sales.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 29, 2008
Perella to advise NY on bond insurers

By recruiting Perella Weinberg, the state regulator would focus on protecting the policyholders of “monoline” insurers.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 28, 2008
Insurers revamp equity index annuities for boomers

Inspired by market volatility, insurance carriers are making over their equity-index annuities in an attempt to beat a bad reputation and target baby boomer investors.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 28, 2008
Gender is big factor in pension gap

Gender is a strong factor in determining the likelihood of whether a worker 50 or older receives an annuity or a company-sponsored pension payment, according to a recently released study.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 28, 2008
Assurant CEO returns to duty

Robert B. Pollock's return follows a six-month hiatus when Mr. Pollock went on administrative leave by order of the board of directors.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 28, 2008
Annuity sales can destroy estate planning strategies

Insurance agents and advisers are hawking annuities without grasping the adverse impact on clients' estate plans, industry observers said.

RETIREMENT RETIREMENT PLANNING JAN 23, 2008
UBS and Genworth team up on life option

The new benefit will go with UBS’s target retirement funds and other investment options.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 22, 2008
Jackson retirement and wealth exec named

John Koehler will lead a group of nine specialists, each one focusing on advanced planning techniques.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 18, 2008
London insurer eyes Marsh & McLennan

Willis Group Holdings, the London-based insurance broker, is talking takeover with Marsh & McLennan, CNBC reported.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 18, 2008
New York Life joins forces with China insurer

Haier New York Life, a joint venture between the New York-based insurer and China’s Haier Group, today opened a branch in Wuhan.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 18, 2008
Greenberg checks up on AIG's fiscal health

Ex-AIG chief Maurice R. Greenberg and his investment firm have retained an adviser to review their stake in the insurer.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 18, 2008
Hartford executive steps down

David M. Johnson, executive vice president and finance chief of The Hartford, will resign in mid-2008.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 16, 2008
NAIC report slammed by insurance group

“The NAIC investigated itself with an attorney who used to work for the insurers,” said the Life Insurance Settlement Assoc. chief.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 15, 2008
Jackson National and Curian name CFO

Doug Townsend has been the vice president and controller of both entities since January 2004.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 14, 2008
Interstate insurance group names regulators

The Interstate Insurance Product Regulation Commission today added two new regulators.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 11, 2008
Hartford chooses fixed-income leader

As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 10, 2008
NAIC found 'unbiased' on viatical model

The model act covers the secondary market for life insurance, including disclosures for viatical settlements brokers.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 09, 2008
Regulators eyeing MBIA

MBIA Inc. said that the SEC and the New York Insurance Department have started informal inquiries into a deal that the company made with private-equity firm Warburg Pincus LLC.

RETIREMENT LIFE INSURANCE AND ANNUITIES JAN 08, 2008
MassMutual CEO to helm retirement

She will replace Fred Castellani, who will retire at the end of February, ending a 12-year career with the firm.