Yield-hungry insurance firms are adopting an unconventional strategy: they’re skipping mortgage-backed bonds and buying the underlying whole loans outright. It’s...
annuities News
A financial adviser who stole about $1.2 million from the retirement accounts of his mostly older victims, one of whom...
A federal jury has found a Sarasota insurance agent and financial consultant guilty of defrauding elderly Floridians out of $6...
New York State’s top financial watchdog proposed regulations that would require sellers of life insurance and annuities to act in...
Speaking at Foxdale Village Retirement Community in State College, Penn., Insurance Commissioner Teresa Miller urged consumers, particularly seniors, to take...
Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., divested the final 3 billion pounds ($4.4 billion) of annuities...
Aegon NV, the Dutch owner of U.S. insurer Transamerica Corp., agreed to sell two-thirds of its U.K. annuity portfolio to...
Apollo Global Management LLC’s dual stakes in an insurer and the largest operator of U.S. casinos are drawing scrutiny by...
Dutch banking and insurance group ING now expects a quick sale of parts of its $7 billion Asian insurance business...
The Federal Reserve’s latest move to stimulate credit for consumers and businesses, known as Operation Twist, is likely to threaten...