All articles by Verdict Staff
Verdict Staff
New York Life Announces 2012 Financial Results
New York Life Insurance Company, Americas largest mutual life insurance company1, announced an 18.4 percent increase in 2012 operating earnings to a record $1.6 billion, driven by strong performances in both its Insurance and Investments businesses.
The Penn Mutual Life Insurance Company Names Michael D. Sarver Managing Partner of its Career Agency in Akron, Ohio
The Penn Mutual Life Insurance Company, a more than 166-year-old company, is pleased to announce that Michael D. Sarver has been named sole managing partner of 21st Century Financial, Penn Mutuals career agency based in Akron, Ohio, with district offices in Pittsburgh, Pa., Columbus, Ohio, and Cincinnati, Ohio.
BEA Life launches WiseSaver RMB Insurance
BEA Life Limited, a wholly-owned life insurance arm of The Bank of East Asia (BEA), has launched WiseSaver RMB Insurance plan.
American Family Life to transfer variable products to Kansas City Life
American Family Life Insurance Company (AFLIC) has signed an agreement to transfer its remaining variable universal life insurance policies and variable annuities to Kansas City Life Insurance Company.
Firm Continues to Grow New Life Health Insurance Division is Added
James A. Connors Associates is pleased to announce the expansion of its business with the addition of a life and health insurance division.
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Woodmen of the World Releases 2012 Annual Report
Woodmen of the World Life Insurance Societys 2012 financial performance included gross revenue of $1.2 billion and a net gain before member refunds of $91 million, according to an annual report released March 27 by the fraternal benefit organization.
Phoenix Companies launches new single premium fixed indexed annuity
The Phoenix Companies, Inc., a US-based boutique life insurance and annuity company, has launched Phoenix Next Generation Annuity, a single premium fixed indexed annuity, offered in both bonus and non-bonus versions.
Allianz Life names senior director for government relations
Allianz Life Insurance Company of North America has named Vanessa Ramirez as new senior director of government relations in the legal department.
Empire Life launches permanent hybrid life insurance product
Canada-based Empire Life Insurance Company has launched Hybrid Solution 100, a permanent life insurance product, for its customers.
Investor Sentiment Index Reaches a Record High in First Quarter of 2013
Investor sentiment reached its highest level of the past three years during the first quarter of 2013, according to the John Hancock Investor Sentiment Index.