Prudential Raises $3 Billion In Initial Public Offering
By Trevor ThomasPrudential Raises $3 Billion In Initial Public OfferingByThe largest life insurance company in the United States went public Thursday with an initial public offering of ...
December 16, 2001
Agents See Opportunities In Alternatives To Mutual FundsAgents See Opportunities In Alternatives To Mutual FundsByWhile agents like Michael Goss and Thomas Mignone will continue to market mutual funds (see cover story on ...
December 16, 2001
Advisors Prescribe Regular Portfolio RebalancingAdvisors Prescribe Regular Portfolio RebalancingByAdvisors say that if a client's financial plan is to work like a fine Swiss watch, then it is important to ...
December 16, 2001
Insurers Mindful Of Class Action Suits As Suitability Model ProceedsInsurers Mindful Of Class Action Suits As Suitability Model ProceedsByChicago Wrangling over the development of a penalties section of a model act and regulation for ...
December 16, 2001
Why Aren't More Insurers Using CARFRA For Filings?Why Aren't More Insurers Using CARFRA For Filings?ByChicago Regulators and insurers met here to discuss why a pilot program for a single point of filing ...
December 16, 2001
Regulators Say Work On CSO Tables Must Reflect Underwriting GainsByChicago Work on a new actuarial table and a model regulation that would allow the table to be used must reflect the fine-tuning that underwriting ...
December 16, 2001
Life Insurers' Enron ExposureThe U.S. life insurance industry's direct exposure to Enron Corp. was about $3.9 billion at year-end 2000, says a report from Moody's Investors Service. Though ...
December 16, 2001
Selling More VUL: Challenging Times Can Create OpportunitiesBy"When troubles come, they come not in single spies but in battalions." Shakespeares line aptly describes the situation with variable universal life sales this year.The ...