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By Warren S. Hersch |
May 21, 2012
Guardian Life reports in its 2011 year-end results that life insurance sales reached $282 million last year, up 11% over 2010’s result, setting a new record for the company.
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By AP Staff Writer |
April 27, 2012
Shares of MetLife fell on Friday after its CEO declined to predict when the life insurer might buy back shares or otherwise return capital to shareholders.
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By Warren S. Hersch |
February 23, 2012
Allianz Life Insurance Company of North America, Minneapolis, posted an operating profit of $428 million for its 2011 financial year, a decline of 9% from $472 million in 2010. Allianz Life also improved its capital position, reporting regulatory risked-based capital ratio growth from 294% to 361%, an increase of 67...
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By AP Staff Writer |
February 14, 2012
MetLife Inc., the largest U.S. life insurer, said Tuesday its profit climbed in the fourth quarter on higher premium revenue and gains from derivatives.
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By Warren S. Hersch |
February 14, 2012
MassMutual’s Retirement Services Division achieved record sales in 2011, topping the unit’s 2010 performance by 13%, for total sales of more than $6 billion.
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By Warren S. Hersch |
February 10, 2012
Prudential Financial, Newark, N.J. (NYSE: PRU), recorded net income for its financial services business of $3.5 billion for the year ended December 31. The figure is up from $2.7 billion in net income for 2010.
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By Warren S. Hersch |
February 3, 2012
Aflac Inc., Columbus, Ga. (NYSE: AFL) reported fourth quarter 2011 revenue of $6.0 billion, a 12.9% rise compared with $5.3 billion in the fourth quarter of 2010. Net earnings totaled $546 million, or $1.17 per diluted share, compared with $437 million, or $.92 per share, a year ago.
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By Warren S. Hersch |
October 28, 2011
Fueling MetLife’s earnings rise was strong demand for the company’s variable annuities. Annuity sales increased by $9.2 billion, up 79% over the third quarter of 2010.
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By Warren S. Hersch |
October 27, 2011
On the positive side: Symetra reports that its fixed and variable annuities’ business generated $28.0 million in pretax adjusted operating income in third quarter of 2011, up from $22.5 million in third quarter of 2010.
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By Staff Writer |
August 24, 2011
Claims could be a bigger concern for life insurers than capital ratios and asset valuations over the next 18 months.
