Displaying 45 results
New York Life grabs MassMutual retirement vet
New York Life Insurance Co. has hired former Massachusetts Mutual Life Insurance Co. executive Tom Johnson as its head of business development for its retirement income security products.
Sales of fixed annuities trail off in the third quarter
Sales of fixed annuities fell during the third quarter to $21.9 billion, reflecting a decline of 21% from the year-ago period, according to data from Beacon Research.
Life insurer CEOs discuss how the industry has coped with the economic crisis
A panel of life insurance company chief executives yesterday assessed how the industry has dealt with the financial crisis, debating the merits of mutual versus stock companies.
Take a load off: New York Life set to tweak immediate annuities to draw advisers
New York Life Insurance Co. is preparing to launch a no-load version of its immediate annuity to target the fee-based-adviser market, according to Matthew Grove, its vice president.
New York Life, with eye on advisers, will roll out new variable annuity product
Although many big variable annuity writers are fading from the market, New York Life Insurance Co. has decided to jump in with a new product as a strategy to gain favor with independent broker-dealers and registered investment advisers.
