A 37-year veteran of the life insurance industry, Daniel J. Toran, 59, spent 12 years with the Horsham, Pa.-based company.
Greenwich reported significantly smaller losses than the S&P 500, Dow Jones and Nasdaq indexes.
The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.
MetLife will now distribute its retail-deferred income annuity through the carrier’s independent distribution arm.
The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.
Investors eyeing socially conscious funds are no longer looking merely at the social issues; they are also looking for performance — a change that has resulted in new offerings from fund firms in asset classes that have been underrepresented in this market for nearly a decade.
The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
The Hennessee Hedge Fund Index fell by 1.58% in November, but remains up 11.94% year-to-date.
Shares of MBIA surged today after the bond insurer said that a private equity firm would inject up to $1 billion of fresh capital into the struggling company.
Despite the drop in assets, 26 new ETFs were added to the market last month, brining the total number to 612.
Despite once having been seen as betraying financial advisers, The Vanguard Group Inc. of Malvern, Pa., continues to ratchet up efforts to court them.
Despite the market's current volatility, the love affair between ultrawealthy investors and hedge funds is still torrid, according to a new survey by the Institute for Private Investors, a New York-based association for very wealthy families and their advisers.
As 2008 rolls around, it will bring an important historical marker: The five-year anniversary of the bull market.
Two organizations want insurers to have the option of being regulated federally or by the states.
Hedge fund assets have increased by 11% in the past six months, according to HFM.
Hedge fund returns fell November, reflecting declines in the major stock markets, the credit crunch and concerns about business slowdowns.
Load funds significantly underperform a buy-and-hold strategy with the same funds, says the Zero Alpha Group.
The regulator is investigating whether financial entities are investing in hedge funds in order to share inside information.
Investors in Bear Stearns' two collapsed hedge funds have filed arbitration claims against firm, according to Reuters.
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
