Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank- like capital standards on their industry.
MetLife Inc. Chief Executive Officer Steve Kandarian said the potential for gains in developing nations outweighs the cost of this year’s volatility.
Royal Bank of Canada, the country’s largest lender, hired Eric Berg , formerly of Barclays Plc, to lead coverage of U.S. life insurance stocks.
For MetLife Inc., it’s what the insurer isn’t selling that’s helping this year’s record rally.
Aflac Inc., the largest seller of supplemental health insurance, fell the most since 2011 after forecasting profit that fell short of analysts’ estimates.
Prudential Financial Inc., the second-largest U.S. life insurer, raised its dividend by 33 percent after posting its first profit in five quarters.
Principal Financial Group Inc., the insurer that last month agreed to buy a Chilean pension provider, fell the most in the KBW Insurance Index after giving a 2013 outlook that fell short of some estimates.
Genworth Financial Inc. , the mortgage guarantor and life insurer, reported a profit for a fourth straight quarter as results improved in its business backing home loans.
Aflac Inc., the largest provider of supplemental health insurance, declined the most in six months after third-quarter profit fell and sales disappointed analysts.
Aflac Inc., the largest seller of supplemental health insurance, is betting on Japanese government debt in a retreat from a plan it put in place a year ago.
"There are two MetLifes. One, slow growing and mature, is operating in the developed world. The other MetLife is the developing-world MetLife, a company seemingly growing quickly."
- Eric Berg on Feb 13, 2014