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 Stories - 6/8/09

INSURANCE COMPANY NEWS:

Lincoln National CEO: Co Has Sufficient Access To Capital (CNNMoney.com)

MetLife CEO says insurers need voice in Washington (Reuters) - MetLife Inc Chief Executive Robert Henrikson on Friday said the economic crisis has made it imperative that the life insurance industry be given a voice in Washington.

prudentialAdd Guaranteed Income to Target-Date Funds: Prudential (MMExecutive) - After all, the insurer reasons, investors are looking for retirement security.

Prudential Calls for Target-Date Offerings with Income Guarantees (Planadviser.com) - Prudential Retirement released a white paper that said target—date funds should be changed to include guaranteed income features.

Prudential Financial won't take government money (MarketWatch)

Transamerica Shares The Load (National Underwriter) - A retirement services vendor wants to do more to help retirement plan sponsors run their plans.

PEOPLE IN THE NEWS:

Sternberg To Pass The Torch (National Underwriter) - Theodore Mathas, 42, will become chairman of New York Life Insurance Company.

Nybo Named President of Transamerica Retirement Services (Planadviser.com) - Transamerica Retirement Services announced the promotion of Stig Nybo to president.

Manulife Financial Names Scott Hartz Executive Vice President of Investment Division (PR Newswire)

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