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Global Atlantic Financial Group has agreed to sell Ariel Re, its Bermuda-based property-casualty reinsurance company, to BTG Pactual, a Brazilian multinational investment banking firm...

 

The recent promotions are important because income annuities are a huge business for New York Life, which last year paid out more than $1 billion to 129,000 income annuity policyholders...

 

California Gov. Jerry Brown has signed into law a bill requiring new disclosure language for immediate annuities commonly sold to seniors, language that is already required in the sale of deferred annuities, state officials said...

 

Individual health claims of $1 million or more have increased tenfold over the past four years due to new medical technologies, advanced drug therapy and more Americans insured under health care reform...

 
Social Security changes you need to know now.

A new poll of 2,300 independent financial advisors by the Financial Services Institute (FSI) has found that 66 percent believe the Republican Party will win the U.S. Senate in November...

 

Five years after the end of the Great Recession, life and annuity companies are hiring again but show a preference for seasoned advisors, especially those who can penetrate cultural and generational markets, according to the consulting firm Conning...

 
Social Security changes you need to know now.