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) Jackson Recognized as World Class Customer Service Provider by SQM (Yahoo! Finance) New York Life, MassMutual sued over Madoff investments (Investment News) Aegon moving up to 300 jobs to Baltimore, Little Rock (Yahoo! Finance) Insurers Also Drank From Fed Well (The Street.com) Genworth Pays Off $250 Million in Debt (National Underwriter) MetLife halts sale of new long-term-care insurance (Investment News)
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.
Mike Wells Named Jackson CEO, Prudential plc Board Member (Yahoo! Finance) Genworth Announces Changes in Two Key Leadership Positions (Yahoo! Finance) Challenges, Opportunities Await Life, Annuity Sector (On Wall Street)
Symetra Revamps Leadership Team (National Underwriter)
The Hartford lands on regulators' radar (Investment News)
Jackson Reports Record Sales; Net Income up 29% (MarketWatch) Are Life Insurers Playing Fair? (The Wall Street Journal)
MetLife Is Gaining Altitude (Barron's) Thomas Marra To Lead Symetra (National Underwriter)
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