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.
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.
Private equity funds are probably too complicated for the average investor’s retirement account, according to Principal Financial Group Inc., which provides the plans to 3.8 million people.
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.
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.
"The quarter was disappointing because sales of new insurance both here and in Japan came in, we believe, below Aflac's expectations."
- Eric Berg on Jul 30, 2014