Wednesday, April 7, 2010 as of 11:14 AM ET
The New York Life Insurance Company (NYLIC) is one of the largest mutual life-insurance companies in the United States, and one of the largest life insurers in the world, with about $287 billion in total assets under management, and more than $15 billion in surplus and AVR.
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(2887.TW) is in exclusive talks to buy New York Life Insurance Co.'s Taiwan unit, the Economic Daily News reported, Monday citing an unnamed source.The report said the unit is unprofitable and needs to raise funds to replenish its reserve capital.Newspaper website: http://edn.gmg.twCopyright © 2012 Dow Jones Newswires...California subpoenaed MetLife , the largest U.S. life insurance company, to testify at a public hearing on May 23 about how it handles unclaimed assets that belong t...
Buying life insurance is a no-brainer when you start a family, but what if the baby is already on the way? Should you apply now or wait until the little bundle of jo...
Bank of America Corp's (NYSE:BAC) Countrywide mortgage unit has been sued by investors claiming they were victimized in a "massive fraud" when they bought mortgage-b...
(Writes through with Canadian offering. In U.S. dollars unless noted)By Cameron FrenchTORONTO (Reuters) - Manulife Financial filed a mixed shelf offering of up to C$...
Canada’s Manulife Financial (NYSE:MFC) and Switzerland-based Ace Ltd. (NYSE:ACE) are among the bidders for an $800 million to $1 billion purchase of New York Life In...
* Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 are flat to 0.1 percent firmer, pointing to a slightly higher start on Wall Street ahe...
* Bankers busy on Asian insurance deals with AIA, Nan Shan (Adds details, background)By Denny ThomasHONG KONG, Aug 27 (Reuters) - Canadian insurer Manulife Financial...
International asset management and private banking group Schroders PLC (SDR.LN) said Friday it had reached a deal to buy a 25% stake in the asset management arm of I...
High-grade corporate bond issuance was a little subdued Tuesday as just three sizeable issuers took advantage of cheap financing in the U.S. credit markets, while in...
To find out if you're as healthy as you say you are on your life insurance application, don't be surprised if underwriters go straight to the source: your mouth.Inst...
Car insurance rates can be a mysterious thing. Each insurance company uses its own formula to decide how much to charge you for coverage.But one fact is almost unive...
New York is cracking down on life insurance companies , requiring that they try harder to find and pay beneficiaries when policyholders die.When someone dies after t...
Michael Baldi, a 22-year-old Marine veteran, perused the tables of big financial firms like Goldman Sachs (NYSE:GS) and Credit Suisse (NYSE:CS) at the "Hiring Our He...
You've created a rock solid retirement plan, calculating future expenses, the effects of inflation and market volatility on your nest egg, and a reasonable withdrawa...
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