Best's News


News & Research
Advanced Search Advanced Search



   
   
 
 
 Search Results

[x] Source
BestWire

[x] Companies
Massachusetts Mutual Life Grp

[x] Topic
Business/Management

 
1 through 18 of 18 matching documents, best matches first.   Sort by date

AM Best Comments on Sale of Massachusetts Mutual Life Insurance Company’s Retirement Services Business to Empower Retirement
... Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information ...
Source: BestWire   Date: September 8, 2020
A.M. Best Comments on Credit Ratings of Massachusetts Mutual Life Insurance Co. Following Sale of OppenheimerFunds To Invesco
The outlooks of these ratings are stable. Invesco has agreed to purchase OppenheimerFunds from MassMutual for $5.7 billion in exchange for the issuance of $4 billion in preferred ...
Source: BestWire   Date: October 18, 2018
A.M. Best Comments on Credit Ratings of Massachusetts Mutual Life Insurance Company Following Announced Sale of Japan Affiliate
...Mutual Japan to Nippon Life Insurance Company. MassMutual agreed to sell 85.1% of its ownership interest in its wholly owned life insurance and wealth management affiliate to ...
Source: BestWire   Date: March 2, 2018
MassMutual Appoints Chief Financial Officer
Massachusetts Mutual Life Insurance Co.'s current chief enterprise officer/chief actuary has been promoted to chief financial officer. Elizabeth "Betsy" Ward, who joined subsidiary ...
Source: BestWire   Date: May 25, 2016
Subscription or Purchase Required

Update: MassMutual Executive: Buying MetLife’s Agent Channel Is ‘Growth at the Right Price For Us’
...That model will continue." One feature of the deal permits MetLife to develop a fixed-rate annuity for MassMutual and then be the product's exclusive distributor for 10 years. ...
Source: BestWire   Date: March 10, 2016
Subscription or Purchase Required

MetLife in Talks to Sell US-Based Sales Unit to MassMutual
American International Group Inc. and Prudential Financial are also U.S.-based non-bank SIFIs. Activist investor Carl Icahn has repeatedly called for AIG to reduce its size and ...
Source: BestWire   Date: February 25, 2016
Subscription or Purchase Required

Death of MassMutual SVP Millan Determined to Be a Homicide
Horse Boulevard in Simsbury on Nov. 20, 2014 has been determined to be a homicide," said Captain Nicholas Boulter in the statement. In a statement, the Springfield, ...
Source: BestWire   Date: November 24, 2014
Subscription or Purchase Required

Joining Other Life Insurers, MassMutual Opens Office to Serve Chinese-American Community in NYC
Massachusetts Mutual Life Insurance Co. has set up shop in a neighborhood in the New York City borough of Queens, in the heart of the city's Chinatown, in a stepped-up effort to ...
Source: BestWire   Date: July 15, 2014
Subscription or Purchase Required

Weak Job Market Sparks Massive Growth of Career Agents at US Life Insurers
Northwestern Mutual recruited 2,340 financial representatives. MassMutual recruited more than 2,000. Mutuals likely have a career agent force that's older than other distribution ...
Source: BestWire   Date: April 19, 2010
Subscription or Purchase Required

Daybook for Thursday, May 15, 2008: Congress Airs Children's Health Insurance
...June follow-up meeting. - Insurance industry groups ACORD and LOMA host the second day of their 2008 Insurance Systems Forum in Las Vegas. - Massachusetts Mutual Life Insurance Co. ...
Source: BestWire   Date: May 14, 2008
Subscription or Purchase Required

MassMutual Cites Abuse of Power, Misconduct in CEO's Firing
...Mutual by Secretary of State William F. Galvin and in attached exhibits, which included the Mass Mutual board's June 2 "notice of intention to terminate employment for cause and of ...
Source: BestWire   Date: June 22, 2005
Subscription or Purchase Required

MassMutual Financial Wants State Court to Quash Secretary of State's Subpoena
Massachusetts Secretary of State William F. Galvin's Securities Division issued separate subpoenas to MassMutual and its subsidiary, OppenheimerFunds. Both subpoenas stated "In the ...
Source: BestWire   Date: June 21, 2005
Subscription or Purchase Required

MassMutual's Fired CEO Denies Allegations as State Officials Join Probe
...Mutual contacted his office. "We conducted a preliminary review of documents they provided and met yesterday with representatives of the company," Reilly said. "We are reviewing ...
Source: BestWire   Date: June 15, 2005
Subscription or Purchase Required

MassMutual CEO Fired for 'Conduct' Issues, Company Spokesman Confirms
...The issues that led to the actions (June 2) involved Mr. O'Connell's conduct and do not affect the company's financial strength or its operations going forward," said Jim Lacey, ...
Source: BestWire   Date: June 6, 2005
Subscription or Purchase Required

MassMutual Financial Board Abruptly Fires CEO O'Connell and Names Successor
...The Board has given Robert J. O'Connell notice of termination as chairman and chief executive officer due to certain issues, subject to his rights under his employment contract," ...
Source: BestWire   Date: June 3, 2005
Subscription or Purchase Required

MassMutual Completes Acquisition of Baring Asset Management's Global Investment Business
Mutual Life Insurance Co. bought Baring and other related subsidiaries. Financial terms weren't disclosed. The acquisition adds about $35 billion to assets under management for ...
Source: BestWire   Date: March 31, 2005
Subscription or Purchase Required

MassMutual Reaches Settlement in 'Vanishing Premium' Case
Attorney Bruce Greenberg of Newark, N.J.-based Lite DePalma Greenberg & Rivas LLP said settling rather than going to trail was best for the class. "When you consider the risk of ...
Source: BestWire   Date: February 4, 2005
Subscription or Purchase Required

MassMutual Will Buy Baring's Global Investment Management Operation
Massachusetts Mutual Life Insurance Co. MassMutual didn't reveal the terms of the agreement. Baring Asset Management has investment teams and offices in a number of cities around ...
Source: BestWire   Date: November 22, 2004
Subscription or Purchase Required