Swiss Res Deputy CEO: GE Deal Good For Many Reasons
By Jim ConnollyFollowing Swiss Re's announcement of its $6.8 billion planned acquisition of GE Insurance Solutions from General Electric Company, Swiss Re's deputy CEO, Jacques Aigrain, ...
November 02, 2005
House Keeps LTC Provision In Deficit BillLanguage expanding long term care partnership programs was included in legislation passed by the House in a close vote before it recessed.In long term ...
November 02, 2005
Vanguard Triples Minimum Requirements for IRAsVanguard Group on Tuesday tripled the minimum initial investment for individual retirement and custodial accounts for all but one of its mutual funds to $3,000. The...
November 02, 2005
FASB Polishes Valuation Rules For Life SettlementsMembers of the Financial Accounting Standards Board are moving ahead with efforts to put major new life settlement accounting rules in place by mid-2006.Board ...
November 02, 2005
Carter To Lead Nationwide Distribution UnitNationwide Financial Inc. has hired John Carter to be senior vice president of non-affiliated sales and president of Nationwide Financial Distributors Inc.[@@]Richard Karas, the ...
November 02, 2005
Reverse Mortgage Volume RisesUse of standard reverse mortgage arrangements increased 14% last year.[@@]The total number of home equity conversion mortgages insured by the Federal Housing Administration increased ...
November 02, 2005
MetLife Updates UL Product MenuMetLife Inc. has introduced 1 universal life policy and announced 2 UL product update initiatives.[@@]MetLife, New York, has started selling the Universal Advantage Universal ...
November 02, 2005
Conference Speakers Worry About Life Financing ArrangementsBy Allison BellNew YorkThe Viatical and Life Settlement Association of America didn't need an inspirational keynote speaker to generate interest here at its ...