Mortality Woes Hurt RGA Results
By Trevor ThomasReinsurance Group of America Inc. says unexpectedly high life insurance claim levels hurt its earnings during the second quarter.[@@]RGA, St. Louis, is reporting $22 ...
July 22, 2005
Harford B-D Unit Adds Sales ManagersWoodbury Financial Services has named 6 new regional sales directors.[@@]Woodbury, the broker-dealer arm of Hartford Financial Services Group Inc., Hartford, says the new regional ...
July 22, 2005
China Revalues Yuan, But It's A Long Way from Free FloatAfter strong pressure from its trading partners, China has revalued the yuan and removed the currency's decade-long peg to the U.S dollar. According to the Chinese government, the value of the yuan, also called the renminbi, will now be linked to a basket of currencies of China's main trading partners,...
July 21, 2005
Alternative Benefits Insurer Says Aloha To HawaiiAmerican Specialty Health Insurance Company has started selling insured alternative health benefits programs directly to Hawaiian employers.[@@]The programs include discounts and, in some cases, ...
July 21, 2005
Oklahoma Blue Chooses BenefitfocusBlue Cross and Blue Shield of Oklahoma has decided to use a benefits enrollment and administration system from Benefitfocus.com Inc.[@@]Oklahoma Blue, Tulsa, Okla., will ...
July 21, 2005
Study: HF Risks Analogous to North American Equity RisksHedge fund risks are usually misperceived as greater than they are, according to a paper by Peter Klein and Todd Brulhart, respectively a portfolio manager and an analyst for KCS Fund Strategies, Inc.
July 21, 2005
AARP: LTC Fears Cross Borders (Updated)More than half of the consumers who participated in an international survey sponsored by AARP, Washington, said they were worried about long term care ...
July 21, 2005
IRS To Federal Credit Unions: Stay Calm About 457 PlansRegulators are telling federal credit unions not to panic about the status of their 457 nonqualified deferred compensation plans.[@@]The Internal Revenue Service has released ...