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1 through 20 of 27 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
Acquisition Costs, Investment Yields Drag Down MassMutual’s 2016 Net Income 87%
Massachusetts Mutual Life Insurance Co.'s net income fell 87% in 2016 as a result of costs related to its acquisition of MetLife's advisor force and lower investment yields. ...
Source: BestWire   Date: February 23, 2017
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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
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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
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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
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MassMutual to Pay More Than $9 Million to Settle Revenue-Sharing Class-Action Suit
Massachusetts Mutual Life Insurance Co. has agreed to settle a class-action lawsuit in which it will pay more than $9 million and change its business practices to resolve ...
Source: BestWire   Date: November 10, 2014
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MassMutual Sues JPMorgan Seeking Judgment That 'RetireSmart' Doesn't Constitute Trademark Infringement
Massachusetts Mutual Life Insurance Co. has sued JPMorgan Chase & Co. in federal court over its use of the term "RetireSmart" for financial services, saying it does not constitute ...
Source: BestWire   Date: October 21, 2014
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MassMutual Ventures Execs: Part of $100 Million Venture Capital Fund Focus Is Cybersecurity
Siemens Venture Capital North America. Goodman founded and managed two technology-focused venture capital funds, Terawatt Ventures and Brookline Ventures. All three serve as ...
Source: BestWire   Date: August 5, 2014
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A.M. Best: MassMutual Cracks Top 10 in Ranking of Life Insurers by Admitted Assets
Based on 2013 admitted assets, Hartford Life Group was bumped out of A.M. Best Co.'s top 10 U.S. life/health insurer ranking as MassMutual Financial Group climbed from 12th to ...
Source: BestWire   Date: July 18, 2014
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MassMutual Retirement Division Makes Changes to Senior Management, Including CFO
The retirement services division of Massachusetts Mutual Life Insurance Co. has made several changes to its senior management --- including replacing its chief financial officer. ...
Source: BestWire   Date: April 15, 2014
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MassMutual Posts Net Loss on Accounting Impact of Hartford Retirement Plans Acquisition
Hartford Financial Services' retirement plans business. For 2013, MassMutual reported a net loss of $113 million on a consolidated statutory basis, compared with net income of $872 ...
Source: BestWire   Date: April 14, 2014
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A.M. Best Affirms Ratings of Massachusetts Mutual Life Insurance Company and Its Subsidiaries
Company (MassMutual) and its life/health subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company. Concurrently, A.M. Best has affirmed the debt ratings ...
Source: BestWire   Date: April 11, 2014
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
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New Trade Association to Focus on Retirement Income
Retirement Engineering Inc. and founding chairman of the new association, said in a statement. "But as these Americans enter or prepare to enter retirement, they have to shift ...
Source: BestWire   Date: December 2, 2005
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Judge: MassMutual Must Make Public Investigative Reports on CEO's Firing
Hartford Superior Court Judge Kevin E. Booth denied MassMutual's motion for a temporary injunction, but he stayed release of the reports to allow MassMutual to appeal. "Our ...
Source: BestWire   Date: August 30, 2005
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MassMutual's Petition to Quash Securities Regulator's Subpoena Denied
Massachusetts Secretary of State William F. Galvin's subpoena for documents related to MassMutual Financial Group's June firing of its chairman and chief executive officer, but the ...
Source: BestWire   Date: July 19, 2005
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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
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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
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