Sterne Agee

Life insurance stocks rally on investment gains

By AP Staff Writer | April 10, 2013

Expectations for solid first-quarter results pushed life insurance stocks up on Wednesday, but low interest rates have analysts staying cautious.

AIG posts $4 billion loss in fourth quarter

By Warren S. Hersch | February 22, 2013

The loss compares with net income of $21.5 billion, or $11.31 per diluted share, in the prior year quarter.

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.

MetLife mulls Chilean acquisition

By Arthur D. Postal | December 21, 2012

A.F.P. Provida is part of the Chilean pension system that requires workers to contribute to privately-run pension plans.

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.

Treasury to sell off AIG stake this year?

By Arthur D. Postal | October 22, 2012

AIG CEO Robert Benmosche says a window will open when the Treasury’s lockup ends in November.

Prudential inks pension risk transfer agreement with Verizon Communications

By Warren S. Hersch | October 18, 2012

The transaction calls for Verizon to purchase a group annuity contract from Prudential to satisfy periodic payment obligations to Verizon retirees.

Paving the Way

By Arthur D. Postal | September 1, 2012

A brave new era of insurance regulation will likely be launched sometime this month, when the government’s share of American International Group (AIG) is expected to fall below 50 percent and the Federal Reserve Board uses that opportunity to launch fresh oversight of the AIG holding company.