GE Capital

MetLife changing U.S. strategy

By Arthur D. Postal | February 25, 2013

Expect products in the living benefit market that reduce the guaranteed payout promised to annuitants.

Insurers continue meeting with Feds over capital standards

By Liz Festa | February 5, 2013

It's still unknown when the FIO report will be issued and, when it is, whether it will create more questions than it answers.

ACLI tells Fed its concerns for capital stress tests

By Elizabeth D. Festa | January 30, 2013

The Council of Life Insurers also suggests little to no public disclosure of insurer stress test results.

MetLife completes sale to GE Capital

By Arthur D. Postal | January 14, 2013

MetLife started the selling process after the Fed believed the insurer was inadequately capitalized following a stress test.

Sale of MetLife bank given the green light

By Arthur D. Postal | December 14, 2012

MetLife has been given approval by federal regulators to sell its bank to GE Capital, a transaction likely to occur early next year.

MetLife to sell bank to GE Capital

By Arthur D. Postal | November 16, 2012

MetLife will be allowed to sell its bank to GE Capital early next year, but is still likely to be designated as systemically significant (SIFI), an insurance analyst says.

Report cites Prudential to be named as a non-bank SIFI

By Arthur D. Postal | October 19, 2012

Prudential Financial on Thursday advanced to the final stage of the government’s process for designation as a non-bank systemically important institution, according to several sources.

Is the Fed rethinking bank metrics for overseeing insurers?

By Arthur D. Postal | October 2, 2012

An insurance analyst says recent action by the Federal Reserve Board regarding MetLife and its bank implies the Fed may be rethinking the use of bank metrics in regulating insurance companies.

SIFI process launched

By Arthur D. Postal | October 1, 2012

The Financial Stability Oversight Council started the clock ticking on the six-month process for designating a non-bank as systemically significant on Friday.

MetLife refiles bank sale so that deal must please OCC, not FDIC

By Elizabeth Festa | September 24, 2012

MetLife does not want to fall under the Federal Reserves BHC strictures and is doing its best to debank, but winning regulatory approval is a must for the sale to GE.