Presidential Life Corp.

Is MetLife’s U.K. annuity business for sale?

By Maria Wood | February 22, 2013

And another one may bite the dust. Reports out of London say the insurer is prepping its U.K. bulk annuity line for sale.

Aviva USA good fit for Athene

By Maria Wood | December 27, 2012

While some industry insiders give the deal their seal of approval, the rating agencies are taking a wait-and-see stance.

Athene buys Aviva USA for $1.8 billion

By Maria Wood | December 21, 2012

However, the deal represents a substantial discount from Aviva PLC’s original price for its U.S. unit.

Proposed Athene-Presidential Deal Under Review

By Maria Wood | July 16, 2012

Three law firms are investigating whether the purchase price undervalues Presidential.

Athene Agrees to Acquire Presidential Life for $415 Million

By Maria Wood | July 13, 2012

Athene’s CEO says the deal will increase Athene’s retail sales and reinsurance operations.

State Farm Posts 56% Decline in Earnings in 2011

By Warren S. Hersch | March 1, 2012

State Farm, Bloomington, Ill. reported an after-tax net income of $0.8 billion in 2011, down from $1.8 billion in net income in 2010. Company revenue in 2011 (including premium revenue, earned investment income and realized capital gains) was $64.3 billion, up from $63.2 billion for 2010.