Edition:
United States

Suzanne Barlyn

U.S. annuities sales boom after fiduciary rule kicks the bucket

Nov 14 2018

U.S. annuities sales are booming months after the demise of a regulation that targeted the product, which had required that brokers put customers' interests ahead of their own compensation.

CORRECTED-U.S. annuities sales boom after fiduciary rule kicks the bucket

Nov 14 2018

Nov 14 U.S. annuities sales are booming months after the demise of a regulation that targeted the product, which had required that brokers put customers' interests ahead of their own compensation.

U.S. regulator told AIG to improve reinsurance disclosures

Nov 09 2018

The U.S. Securities and Exchange Commission told American International Group Inc to improve disclosures about its use of reinsurance to mitigate losses in its property and casualty unit, according to correspondence made public on Friday.

Prudential Financial profit rises as life insurance offsets annuities weakness

Nov 07 2018

Prudential Financial Inc on Wednesday reported a 1.74 percent rise in quarterly profit from the year-ago period as profits in its life insurance units offset weaker results in its annuities business.

AIG unit to exit Iran-related insurance: filing

Nov 06 2018

American International Group Inc is exiting business activities in Iran that came with a subsidiary it acquired and which now butt up against the sanctions against Iran that have been reimposed by the Trump administration, according to a filing.

MetLife posts profit on higher net investment income

Nov 01 2018

Insurer MetLife Inc reported a third-quarter profit on Thursday, compared with a year-ago loss, helped by volume growth, favorable underwriting, expense management and improved investment income.

Insurer AIG's quarterly loss narrows on reinsurance benefit

Oct 31 2018

American International Group Inc reported a smaller quarterly loss on Wednesday as reinsurance pacts helped offset steep catastrophe losses in Japan and North America.

Long-term care policies loom over U.S. life insurance results

Oct 26 2018

Big U.S. life insurers are bracing for elevated payouts to owners of long-term care policies, which cover expenses like assisted living for infirmed and elderly customers.

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