Phoenix sells a jewel in its crown as ‘strategic repositioning’ continues
US life insurer The Phoenix Companies (TPC) has sold its private placement insurance business PFG Holdings and subsidiaries Philadelphia Financial…
ByMonth: February 2010
Axa Equitable thinks boldly with Retirement Cornerstone platform
In an era where most annuity providers are moving toward simplified, single-stream product offerings, Axa Equitable believes it can offer…
ByTechnology helps insurers slash costs
Charles Davis examines two innovative approaches, one adopted by MetLife with the objective of slicing travel expenses and the other…
ByUK advisers see growth in VAs
Independent financial advisers (IFA) in the UK have a generally positive attitude towards the future of variable annuities (VA), a…
ByPrudential rejigs strategy in Asia
In Prudentials first major deal under the leadership of recently appointed CEO Tidjane Thiam, the UK insurer has acquired United…
ByEurope sitting on longevity time bomb
The financial crisis is at the forefront of international attention, but there is a issue Europe faces with the potential…
ByAIG took financial system to ‘brink of collapse’
Countering criticism of the Federal Reserves $85 billion bailout of the American International Group (AIG) in September 2008, US Treasury…
ByLloyd’s chairman heaps praise on former AIG chief
Maurice Hank Greenberg found himself the focus of praise at the St Johns University School of Risk Management Insurance and…
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