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New York Life Insurance Co

 
81 through 100 of 266 matching documents, newest pages first.   Sort by relevance

Pacific Life Insurance CEO Morris Elected as 2013 American Council of Life Insurers Chairman
Mutual Life Insurance Co., was awarded the chairman-elect designate post. Crandall will take over as ACLI chairman in October 2014. Ted Mathas, chairman, president and CEO of New ...
Source: BestWire   Date: October 23, 2012
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MetLife's New Third-Party Asset Management Business Geared to Institutional Investors, Including Pension Plans
...Life (NYSE: MET), told Best's News Service. The business is being called MetLife Investment Management. Amid historic low interest rates in the United States, the life insurance ...
Source: BestWire   Date: October 10, 2012
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New York Life Boosts Mutual Fund Line-Up With Minority Stake in Cornerstone Capital
The investments group of New York Life Insurance Co. has agreed to acquire a minority stake in a global investment and financial advisory firm that has more than $2.2 billion in ...
Source: BestWire   Date: October 1, 2012
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Beacon: Fixed Annuity Sales Drop 17.2% on Low Interest Rates; Indexed Represents 50% of Total Market
Beacon Research, told Best's News Service. The benchmark 10-year Treasury reached historic lows in the second quarter at 1.4%. However, indexed annuities now represent 50% of the ...
Source: BestWire   Date: September 10, 2012
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New York Life to Sell Taiwan Operation To Taishin
New York Life Insurance Co. has agreed to sell its New York Life Taiwan Insurance Corp. operation to Taishin Financial Holding Co., a Taipei-based private financial group, for ...
Source: BestWire   Date: September 4, 2012
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Beacon: Great American Financial Cracks Top Five in US Fixed Annuity Sales for First Time
American Equity Investment Life Insurance Co., a unit of American Equity Investment Life Holding Co. (NYSE: AEL), ranked fourth, with sales of $979.4 million, according to Beacon. ...
Source: BestWire   Date: June 12, 2012
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US Mutual Life Insurers Work at Recruiting Career Agents
Bureau of Labor Statistics. Nationally, the country added just 69,000 jobs and the unemployment rate rose to 8.2%, up 0.1%, and sparked concerns among economists that the nation's ...
Source: BestWire   Date: June 11, 2012
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US Life Insurers Revamp Sales Models in Move to Independent Distribution
International Group reorganized its U.S. life insurance and retirement services business, SunAmerica Financial, creating a new all-channel distribution organization intended to ...
Source: BestWire   Date: May 14, 2012
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BestWeek: Life Market Stable Amid AG 38 Firestorm
With liability risk growing for interest-sensitive products, A.M. Best views positively the National Association of Insurance Commissioners' draft framework for regulatory ...
Source: BestWire   Date: May 11, 2012
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Mitsui Sumitomo Enters Indian Life Market With Max New York Life Buy
Mitsui Sumitomo Insurance Co. Ltd., a subsidiary of MS&AD Insurance Group Holdings Inc., has agreed to acquire a 26% stake in Max New York Life Insurance Co. Ltd. for 27.3 billion ...
Source: BestWire   Date: April 13, 2012
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US Sales of Fixed Annuities Drop 1.1% in 2011 Amid Historic Low Interest Rates
Beacon Research and the Insured Retirement Institute. The low interest rate environment has made it tough to sell fixed-rate investments of any kind, said Jeremy Alexander, chief ...
Source: BestWire   Date: April 4, 2012
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New York Life Seeks to Avoid 'Vexatious Litigation' Over $2.5 Million Payout
New York Life Insurance Co. has filed a legal action in Washington federal court seeking to protect itself against "threat of multiple and vexatious litigation" concerning ...
Source: BestWire   Date: March 12, 2012
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New York Life Reorganization Combines Broker-Dealer With Retirement Income Business
New York Life Insurance Co. has reorganized the company into two businesses: an insurance group and an investment group that includes its broker-dealer subsidiary. Executive Vice ...
Source: BestWire   Date: January 24, 2012
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Beacon CEO: US Fixed-Annuity Writers Deliberately Pulling Back Sales Amid Low Interest Rates
Total third-quarter 2011 U.S. sales of individual fixed annuities, including indexed, declined 7% from the same period a year ago and from the second quarter, to about $19 billion, ...
Source: BestWire   Date: December 2, 2011
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Ace Life Seeks Expansion Through New Regional Office in Hong Kong
Thailand to support the company's growing life insurance operations. The newly opened office will be led by Saloon Tham, regional president of Ace Life Asia Pacific, according to ...
Source: BestWire   Date: September 26, 2011
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New York Life Names Chief Information Officer
New York Life Insurance Co. said it's named Senior Vice President Sue Ericksen to the post of chief information officer. Ericksen will be responsible for directing a staff of more ...
Source: BestWire   Date: September 23, 2011
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Foreign Life Insurers Rethink China Strategies as Profitability Proves Difficult
...Year Plan from 2011 to 2015. China's urban and rural senior citizens "will all enjoy pension insurance by 2015," according to a statement from the State Council, China's executive ...
Source: BestWire   Date: August 30, 2011
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A.M. Best Analyst: Some Insurers May De-Emphasize Traditional Fixed Annuities on Interest-Rate Risk
Total second-quarter 2011 U.S. sales of individual fixed annuities, including indexed, were flat from the same period a year ago, at about $20.4 billion, according to Beacon ...
Source: BestWire   Date: August 26, 2011
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Attractive Asia/Pacific Markets Pose Complications for Foreign Players
Holdings (BestWire, Sept. 2, 2010). The global takaful market is projected to grow by 31% in 2011 to a possible value of US$12 billion, representing a growth opportunity for ...
Source: BestWire   Date: August 9, 2011
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US Sales of Fixed Annuities See First Gain in Two Years: AIG Recaptures Top Spot Overall
Total first-quarter 2011 U.S. sales of individual fixed annuities, including indexed, rose 6% from the same period a year ago, to about $18.9 billion, which represented the first ...
Source: BestWire   Date: June 6, 2011
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