Hints and tips:
...eliminate our exposure to long-term care insurance.“ The GE reinsurance business had remained with the company even as it had divested primary insurers like Genworth Financial and ERC more than a decade...
...Some in the industry argue that selling life insurance and pensions online will help to get rid of some of the mis-selling problems — from endowment mortgages in the UK to annuities in the US — that have...
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Athene was set up by Apollo in 2009 as a separate insurance company to sell retirement annuities to individuals and it has acquired blocks of annuities from traditional insurers such as Aviva USA which want...
...annuities, a popular tax-advantaged insurance-company product that offers customers guaranteed returns....
...After the financial crisis several companies, including The Hartford, ING and Genworth, wound down or exited their VA operations, due to hefty losses....
...1984 and Life of Virginia in 1996....
...Those in the AIG camp say the group would forgo about a third of this benefit were it to prise apart its life and general insurance operations....
...“We’re in the early stages of talking to players who might be interested and in the blocks or the GLAIC entity,” Tom McInerney said on a conference call, referring to the company’s global life and annuity...
...The auction house on Tuesday published a 53-page slide deck refuting Mr Loeb’s claims of poor management and citing accusations that he had “greenmailed” other targets, including Yahoo, where he was a director...
...Weak investment returns have prompted several US life assurers – including Hartford Financial Services and Genworth – to scale back their annuities operations....
...Low interest rates are affecting the much larger business of fixed annuities and even traditional life assurance....
...National Life Insurance – $148m 6) Nuveen Advisory Corp – $124m 7) Genworth Life Insurance – $113m Principal Life Insurance – $97m 9) AIG Annuity Insurance Co – $93m 10) Hartford Life Insurance Co – $91m...
...One US analyst suggests that US companies are more interested in variable annuities than indexed products. The only group he could not rule out was Genworth. It could not be reached on Friday....
...As it only came back into place in April, I know of many people who have changed to get cheaper life insurance cover - what will happen to these new policies?...
...When Kellner died four years later, Ernst I took over the business, and quickly proved to be a progressive and enlightened employer, setting up one of Germany’s first company health insurance schemes....
...(An annuity may provide an income for the remainder of your life but they are unpopular with some investors as they require you to hand over a lump sum payment to an insurance company)....
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