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House Committee Votes to Shift Oversight of Insurer-Owned Thrifts
The U.S. House Financial Services Committee approved an amendment to transfer authority over insurance companies that own thrifts from the Office of T
Date: 11/19/2009     Source: Bestwire

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

IndiaFirst Life Insurance Cleared for Operations in India
IndiaFirst Life Insurance Co. Ltd. said it has received approval from the Insurance Regulatory and Development Authority of India to operate in the co
Date: 11/18/2009     Source: Bestwire

TARP Watchdog Says AIG Bailout Too Generous to Company's Trading Partners
A government watchdog contends that federal officials missed out on an opportunity to save taxpayers billions of dollars in the rescue of American Int
Date: 11/17/2009     Source: Bestwire

Fortis Sees Nine-Month Profit on Insurance Gains
Belgian financial services group Fortis claimed a solid performance in the first nine months of the year, as its core insurance operations posted a pr
Date: 11/17/2009     Source: Bestwire

Amlin Sees 52% Rise in Third-Quarter Premiums
Lloyd's insurer Amlin has announced that it had a good third quarter of 2009, with gross written premiums totalling 1.37 billion pounds (1.537 euros),
Date: 11/16/2009     Source: Bestwire

Woodmen of the World Sues U.S. Bank to Recover Nearly $30 Million in Investment Losses
Woodmen of the World has sued U.S. Bank National Association, seeking to recover nearly $29.7 million in investments it alleges the bank lost by inves
Date: 11/16/2009     Source: Bestwire

Perspectives: Weatherford Says Move Quickly on Speed-to-Market for Variable Annuity Industry
With the U.S. life insurance industry revamping its stock market-linked variable annuity offerings, the chief of the Insured Retirement Institute says
Date: 11/16/2009     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