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Company/Trade Group News

MetLife To Acquire ALICO for $15.5 Million

by Editorial Staff

Wed, Mar 10, 2010

When the deal goes through, AIG is expected pay about $31.5 billion to the Federal Reserve Bank of New York, cutting its debt to the New York Fed to about $45 billion.

Pacific Life Creates “Retirement Solutions Division”

by Editorial Staff

Wed, Mar 10, 2010

Among other things, the change reflects the recent transfer of Pac Life's structured settlements and retirement annuities business to the division.

Jackson Announces Record Sales, Profit in 2009

by Editorial Staff

Wed, Mar 10, 2010

A unit of Britain's Prudential plc, Jackson National Life sold $10.0 billion in variable annuities during 2009, up from $6.5 billion in 2008.

The Joy of Illiquidity

The Joy of Illiquidity

by Kerry Pechter

Wed, Mar 10, 2010

The legendary Roger Ibbotson told money managers that there’s hidden gold in low-turnover stocks.

“Face-Off” at the IRI Marketing Conference

“Face-Off” at the IRI Marketing Conference

by Kerry Pechter

Thu, Feb 25, 2010

Annuity manufacturers and distributors went eyeball-to-eyeball at the Insured Retirement Institute's marketing conference in New York this week, where medical economist J.D. Kleinke (pictured here) was a featured speaker. Photo by IRI.