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MetLife drops Citi as top stock pick
MetLife Inc., the biggest U.S. life insurer, was removed from Citigroup Inc.'s list of top stock picks as…
MetLife removed from Citigroup’s top stock picks
MetLife Inc., the biggest U.S. life insurer, was removed from Citigroup Inc.'s list of top stock picks as new Chief Executive Officer Steven Kandarian reshuffles management and plans his strategy.
MetLife leads U.S. variable annuity sales on decreased rates
MetLife Inc. kept the top spot in variable-annuity sales in the third quarter with $8.56 billion in sales.
Hartford sells private-placement life ops, refocuses
The Hartford Financial Services Group Inc. has sold its private-placement life insurance operations
Want to target younger life insurance customers? Get online
With 2011 sales of life insurance products up just 4% over last year, carriers and producers would be well served by mining social networks to step up growth.
Lincoln National’s universal life reserves are ‘more than adequate’: CEO
Lincoln National Corp.'s CEO today stressed that the insurer has sufficient reserves for its universal life products
Moody’s: Ameriprise, Lincoln have strong VA hedging programs
Ameriprise Financial Inc. and Lincoln National Corp. have strong VA hedging programs, Moody's Investors Service said in a report on the most frequently asked questions about variable annuities
Genworth stock worth more on upgrade
Up 13% after Citigroup analyst said insurer can withstand mortgage-related losses
Agents fleeced Aviva in church insurance scheme, suit claims
Aviva says a slew of charity-originated life insurance policies were touted as way to aid churches in poorer neighborhoods. But the carrier claims agents and third-party were the biggest beneficiaries
Baby boomers ill-informed about Medicare: Survey
Most baby boomers, even those past retirement age, say they don't know much about Medicare, the federal health insurance plan for seniors. Their ignorance could end up costing them.
One-third of employers may drop health plans
Almost one-third of U.S. employers are likely to stop providing health coverage for workers in 2014, when U.S. subsidies become available for people to buy individual policies.
John Hancock latest to yank annuity offerings, pare distribution
B-Ds get notice of pullback as job cuts in annuity unit are reported
Insights into the annuity puzzle
There is now substantial literature on the behavioral economics of retirement saving, which has stressed that both behavioral and institutional factors play an important role in determining saving accumulations
The secret to selling more VAs? Make the process faster and easier
The secret to increasing sales of variable annuities at broker-dealers and wirehouses has everything to do with insurers' speeding up the sales process and making information easier for brokers to find.
Primerica plans to teach its team about annuities
As Primerica Inc. prepares to add a fixed indexed annuity to its platform for the first time, the company faces the tall task of prepping its 82,000 representatives on the complicated savings product
Insurance regulators seek stronger annuity disclosure
A group of state insurance regulators voted last week to adopt amendments to an annuity disclosure model that would give customers a detailed breakdown of product features
UL reserve requirements catch eye of regulators
State regulators have signaled a push for recalculating reserve requirements on a certain type of universal-life insurance, a change that could lead to higher costs for policyholders, as well as fewer insurers' selling the product
Insurance watchdog seeks comments on systemic risk
The Treasury Department's Federal Insurance Office last week said that it is looking for public comments focusing specifically on systemic risk as part of a report on modernizing insurance regulations
Wirehouses warming to indexed annuities
In what seems to be an about-face, wirehouses are embracing fixed indexed annuities, which offer investors a guaranteed-minimum return and the opportunity to partake in stock market gains
Insurance regulators vote for stronger annuity disclosure
A group of state insurance regulators voted yesterday to adopt amendments to an annuity disclosure model that would give customers a detailed breakdown of product features.
