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Hedging Has Helped Variable Annuities: Moody’s8/27/2008
Most variable annuity writers’ hedging programs have worked well in spite of recent market volatility, Moody’s Investors Service says....Read article Investors Fled Many Funds In July8/25/2008
Mutual funds saw net outflows totaling $3.9 billion in July, reports the Financial Research Corp., Boston....Read article Regulators Talk About PBR Nuts And Bolts8/22/2008
BY JIM CONNOLLY
Should principles-based reserving permit regulators to look at the riskiness of an individual block of business, or should regulators have to look at an insurance company as a whole?...Read article Rating Agency: PBR To Affect Few Credit Ratings8/22/2008
BY JIM CONNOLLY
A shift to a new, principles-based reserving approach should not affect many life insurers’ ratings, according to Moody’s Investor Service....Read article Earnings: TMA8/19/2008
An expanding carrier network helped results at The Marketing Alliance Inc. during the second quarter. ...Read article Outgoing Ala. Commissioner Heads To Swiss Re8/19/2008
BY JIM CONNOLLY
Swiss Reinsurance Company is bringing in Alabama Insurance Commissioner Walter Bell to run Swiss Re America Holding Corp....Read article IRS Collects Accounting Change Rules8/19/2008
The Internal Revenue Service has published a guide to getting automatic IRS consent for changes in accounting methods....Read article LOMA Eyes Mortgage Market Woes8/18/2008
BY JIM CONNOLLY
The mortgage market crisis could hurt life insurance and annuity product performance, a LOMA researcher warns in a new report....Read article N.J. Blues File Conversion App8/15/2008
BY ALLISON BELL
The parent of Horizon Blue Cross Blue Shield of New Jersey, a nonprofit health service corporation, is asking the state of New Jersey for permission to become a for-profit company....Read article Earnings: NIM, Health Benefits Direct8/15/2008
Company executives say solid growth at operations held for more than a year helped results at National Investment Managers Inc. during the second quarter. ...Read article
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