Major insurance companies, some of which were all but left for dead at this time last year, have staged a dramatic rebound, shoring up capital and increasing profits as they look forward to 2010.
If timing is everything, the mutual fund industry couldn't have picked a worse time to launch managed- payout funds.
Life carriers' outlook appears to be taking a turn for the better, according to a prominent equities analyst.
Former Lincoln National execs launch Sun Life combo product that will go up against MoneyGuard; 'we know the formula'
The moral of the story? Look beyond past fund performance for winners of tomorrow.
But new study by Moody's finds that the financial stability of U.S. carriers trails that of rivals in Asia
In an SEC filing, Mr. Greenberg's investment vehicle, Zug, Switzerland-based Starr International Co. Inc., said it would sell the shares to UBS Securities LLC during the next three years.
Strong support systems — along with a mentoring culture and time management training — are just a couple of the factors that keep life insurance producers' feet planted at one company, according to a report from LIMRA International Inc.
New life insurance premium levels at banks leapt nearly 60% during the third quarter, beating the overall industry's growth for the second consecutive quarter, according to data from Kehrer-LIMRA, a subsidiary of LIMRA International Inc.
In November 2008, many investors believed we were on the edge of financial disaster. Panic was sweeping Wall Street and Main Street. The global economy was in disarray. Now, a little more than a year later, stock market values have rebounded sharply, frozen credit markets are now flowing more freely, and there is greater liquidity in the financial -system.
Jacques Perold was named head of Fidelity Investments' $1.4 billion asset management group, which includes Pyramis Global Advisors, said Vincent Loporchio, spokesman.
BNY Mellon Asset Management acquired a 20% minority interest in Siguler Guff, a New York-based multistrategy private equity firm with roughly $8 billion in assets under management and committed capital.
The actively managed exchange-traded-fund market is expected to explode as top mutual fund companies consider entering the business or expand their lineups.
The hedge fund industry's premier trade group, the Managed Funds Association, has decided to ban the media from its upcoming annual conference in Key Biscayne, Fla.
Exchange-traded-fund providers said today they are willing to consider joining a proposed ETF trade organization, but only if it could prove its value.
Two major life insurers are providing disaster relief to Haiti by making donations to the earthquake-ravaged republic.
Exchange-traded commodities funds will evolve and prosper, despite having drawn the attention of regulators concerned that they may have helped fuel a run-up in oil and natural-gas prices, according to a panelist at the <i>InvestmentNews</i> ETF Insights virtual conference last week.
Swiss Reinsurance Co. Ltd. last week introduced a $75 million catastrophe bond that covers extreme mortality risks.
