Feb 03, 2023 01:00 PM (EST)
Fixed annuities drove a record year of growth in 2022, as investors sought to avoid volatility in equities and the bonds that traditionally comprise fixed income in retirement portfolios.
Feb 01, 2023 12:42 PM (EST)
Chubb Ltd.’s chief executive officer sees strong Asia-Pacific growth prospects following strategic acquisitions and an anticipated opening of China’s economy following COVID-19 restrictions.
Jan 30, 2023 08:43 AM (EST)
Despite the Russia-Ukraine crisis, trade credit insurers are expected to report strong results for 2022. This builds on exceptional results during the COVID-19 pandemic.
Feb 02, 2023 02:11 PM (EST)
MetLife Inc. President and Chief Executive Officer Michel Khalaf said the company doesn’t intend to pare back capital spending on things like mergers and stock buybacks even as the potential of a U.S. recession in 2023 looms.
Feb 01, 2023 08:11 AM (EST)
With economic activity is expected to slow in 2023 and the likelihood the Federal Reserve will continue to tighten monetary policy, the probability of the U.S. economy falling into a recession over the next 12 months is rising.
Feb 02, 2023 03:12 PM (EST)
Allstate Corp. can’t afford to write new personal automobile coverage in large states with challenging regulatory environments because rate increases have lagged need, Chief Financial Officer Mario Rizzo said during a fourth-quarter earnings call.
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