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Aschenbrenner to Retire from Principal Financial
John Aschenbrenner, president of insurance and financial services at Principal Financial Group, is retiring at the end of this year after more than 37
Date: 11/18/2009     Source: Bestwire

MetLife Teaming With 401(k) Provider Fidelity to Sell Variable Annuities
With variable annuities sales down industrywide, MetLife Inc. and 401(k) plan provider Fidelity Investments are partnering to sell these stock-market
Date: 11/18/2009     Source: Bestwire

AMP Ties Up With China Life Group for Asset Management and Pensions
Australian financial group AMP Ltd. [84737] said it has signed a memorandum of understanding with China Life Insurance (Group) Co. [77626], the larges
Date: 11/16/2009     Source: Bestwire

Update: Insurance Jobs Fall for 12th Straight Month; September Jobs Data Revised Lower
(Revises the percentage increase in wages for reinsurance employees in the last paragraph.) The U.S. insurance industry lost 3,400 jobs in Oc
Date: 11/06/2009     Source: Bestwire

U.K.'s Legal & General Reports 7% Nine-Month New Business Fall
U.K.-based financial services provider Legal & General has reported a 7% fall in new business for the first nine months of 2009, to 1.05 billion pound
Date: 11/05/2009     Source: Bestwire

PICC Underwrites Hijacked China Cargo Vessel in Somalia
PICC Property & Casualty Co. Ltd. [77633] said it is the insurer for the hijacked Chinese cargo vessel off the coast of Somalia, underwriting the ship
Date: 10/30/2009     Source: Bestwire

Standard Life Hit By Lower Life and Pensions Sales
U.K. financial services group Standard Life said the financial crisis contributed to weaker life and pensions sales in the third quarter of 2009.
Date: 10/29/2009     Source: Bestwire

C.V. Starr Says It's Not Poaching AIG Employees
Responding to news reports that C.V. Starr & Co. Inc. has been draining employees away from American International Group Inc., C.V. Starr argued that
Date: 10/28/2009     Source: Bestwire

Financial Crisis Forces Capital Management and Regulatory Changes Across Asia
Asia's insurance sector is undertaking changes in capital risk management in response to more sophisticated requirements for regulatory and solvency c
Date: 10/27/2009     Source: Bestwire

Relieved to Have Survived a Dangerous Year, ACLI Members Look Ahead
Patrick S. Baird, chief executive officer of Aegon USA, expressed relief last week at the general session of the American Council of Life Insurers' an
Date: 10/26/2009     Source: Bestwire