Notwithstanding a recent crackdown by the SEC, the market for life settlements — which froze during the credit crisis — is beginning to warm up
Claim life settlement provider harmed investors by using flawed actuarial statistics
Prudential Financial Inc. has taken the crown as the biggest seller of variable annuities and overall individual annuities in the U.S. through the first half of this year, according to data released today by LIMRA.
Insurer aiming to regain independence; market conditions the wild card
A federal court judge in California has ruled against Conseco Life Insurance Co. in a class action, barring it from hitting some 50,000 policyholders with sky-high rate increases on life insurance policies.
Edward Jones is tops and Morgan Stanley Smith Barney LLC the worst in terms of financial adviser satisfaction at six national broker-dealers, according to a J.D. Power and Associates Survey released last Friday
Like automobiles, the future of long-term-care insurance may lie in hybrids.
MetLife Inc., the largest U.S. life insurer, will halt the sale of new long-term care coverage after citing “financial challenges” in the business.
Genworth Financial Wealth Management Inc. has appointed Eaton Vance Investment Managers as a portfolio strategist for its client accounts.
Generous withdrawal benefits for variable annuities — albeit with limits — continued their comeback in the third quarter, according to a report from Ernst & Young.
After adviser notes differences between adviser and client reports, Morningstar Inc. may review the way it displays returns on variable annuity subaccounts.
Limits sales of VA product to company's reps; Big Three getting bigger
Though the top three sellers of variable annuities extended their grip on the U.S. market through the first nine months of 2010, smaller-share players have become more aggressive in order to compete.
