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By Elizabeth Festa |
May 16, 2012
MetLife does not know if the FSOC will feel compelled to name MetLife and a few other large insurers as SIFIs, and officials won't say, but lawmakers and MetLife wonder about the wisdom and the possible harmful effects of applying bank-centric regulations to an insurance company.
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By Marcy Gordon |
May 11, 2012
The next time a big bank or financial firm fails, regulators hope to avoid a major blow to the economy by seizing the firm's parent company while allowing its healthy subsidiaries to continue operations, the head of the Federal Deposit Insurance Corp. says.
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By Maria Wood |
April 19, 2012
Income reaped from annuity sales at bank holding companies rose last year, although a dip was recorded in the second half.
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By Kenneth L. Brown |
March 1, 2012
New annuity innovations can help you combat client fears of getting locked into a product just as rates start to rise.
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By Kenneth L. Brown |
February 21, 2012
New annuity innovations can help you combat client fears of getting locked into a product just as rates start to rise.
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By Warren S. Hersch |
February 8, 2012
The survey tallied a record $5.89 billion in insurance brokerage fee income for the first three quarters of 2011. That’s up 14.4% from the $5.14 billion posted for the same period in 2010.
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By Elizabeth Festa |
January 31, 2012
Kobylowski acted in trusted role as chief operating officer for DOBI, overseeing all legislative and regulatory affairs.
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By National Underwriter Editorial Staff |
January 31, 2012
By the end of 2011, annuities had continued their reign as the single largest segment of the life and health industry, amounting for nearly half of all revenue. Accident and health insurance came in a distant second, accounting for nearly 25% of all L&H revenue. Life insurance came in third,...
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By Michael K. Stanley |
January 25, 2012
Bank-owned life insurance is becoming more and more popular and in turn, its assets are growing.
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By Warren S. Hersch |
January 12, 2012
The report reveals that annuity income earned from the sale of annuities at bank holding companies reached $2.26 billion in the first three quarters of 2011, up from $1.84 billion in the first three quarters of 2010.