Genworth under pressure to split in two (MarketWatch) - While favoring keeping the insurance company together, Genworth CEO hints at changes, saying “we don’t have our feet in concrete.”

Northwestern Looks For Reps (National Underwriter) - A mutual life insurer says it hopes to work with about 2,000 new financial representatives this year.

Insurers Identify Potential Areas for Growth in 2011: ICMG (Advisor One)

A Quiet Transition at Jackson Life (Retirement Income Journal)
Genworth Wealth Moves Upscale (Registered Rep)

New Jackson National CEO: Company Well Positioned Following Financial Crisis (Trading Markets)

Genworth to Acquire Altegris for $35 Milllion (Bank Investment Consultant) - Acquisition broadens Genworth's wealth management platform with alternative investments, including hedge funds.

Symetra Revamps Leadership Team (National Underwriter)
MetLife Is Gaining Altitude (Barron's)

Thomas Marra To Lead Symetra (National Underwriter)

INSURANCE COs Top News Stories 5/7/09

More life insurance sector concern (Bank Advisor Magazine) Capitalization and hedging concerns at major life carriers is old news, but Morningstar's Alan Rambaldini does an invaluable service by dissecting 11 major carriers' investment portfolios to see how they're holding up.

Insurers May Be Victims of Obama's Crackdown on Tax Havens (BNET Financial Services) - President Obama said this week that he wants to crack down on firms that avoid U.S. taxes by using offshore tax havens. That could bring as much as $210 billion in badly needed revenue into the Treasury over the next 10 years. But it may also hurt U.S. insurers already reeling from the recession.

At Manulife, new rules for a new game (Globe and Mail) He's also faced with a $30-billion gap between the company's future obligations to its variable annuity customers and the amount left

Manulife Revamps Risk Strategy, To Review Growth Strategy (Wall Street Journal)

Fitch Downgrades Midland National Life & North American Co. for Life & Health Insurance's IFS to 'A' (MarketWatch)

Hancock Adds VUL Product (Life and Health Insurance News)

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