BY DAVID DYKES • STAFF WRITER • PUBLISHED: DECEMBER 03. 2010 2:00AM Liberty Life Insurance Co., which is being acquired by a Bermuda-based company for $628.1 million, will keep more than 100 jobs in Greenville, or in excess of half its existing work force, a company spokesman said Thursday. The spokesman, Bill Free, said the [...]
Jim Belardi:Liberty Life Jobs Prospects
BY DAVID DYKES • STAFF WRITER • PUBLISHED: DECEMBER 03. 2010 2:00AM Liberty Life Insurance Co., which is being acquired by a Bermuda-based company for $628.1 million, will keep more than 100 jobs in Greenville, or in excess of half its existing work force, a company spokesman said Thursday. The spokesman, Bill Free, said the [...]
Buffett’s Berkshire Buys Life Reinsurance Unit From Sun Life – Bloomberg
Image via Wikipedia Berkshire Buys Life Reinsurance Unit From Sun Life By Andrew Frye and Sean B. Pasternak – Oct 27, 2010 12:12 PM MT Berkshire Hathaway Inc. agreed to buy a business backstopping life insurance policies from Sun Life Financial Inc. as Chairman Warren Buffett increases bets on reinsurance. The business has about 70 [...]
Gordon Nixon, CEO, Royal Bank Of Canada | Analyst Wire | Find Articles at BNET
Gordon Nixon, CEO, Royal Bank Of Canada (This is not a legal transcript. Bloomberg LP cannot guarantee its accuracy.) GORDON NIXON, CHIEF EXECUTIVE OFFICER OF ROYAL BANK OF CANADA, TALKS TO ERIK SCHATZKER ABOUT THE CANADIAN BANKING INDUSTRY MARCH 24, 2010 SPEAKERS: GORDON NIXON, CHIEF EXECUTIVE OFFICER, ROYAL BANK OF CANADA ERIK SCHATZKER, BLOOMBERG NEWS [...]
Immigrants vital to innovation: RBC chief – The Globe and Mail
Image via Wikipedia RICHARD BLACKWELL From Friday’s Globe and Mail Published Thursday, Oct. 28, 2010 12:18PM EDT Last updated Thursday, Oct. 28, 2010 5:58PM EDT New immigrants will play a vital role in creating a culture of innovation in Canada, the head of the country’s biggest bank says. Speaking at a conference on innovation Thursday, [...]
No word yet on Liberty Life job outlook in Greenville | greenvilleonline.com | The Greenville News
word yet on Liberty Life job outlook in Greenville BY DAVID DYKES • STAFF WRITER • PUBLISHED: OCTOBER 26. 2010 2:00AM E-mail this article Share The future of 200 Liberty Life Insurance Co. jobs in Greenville remained unknown Monday following the announcement the company is being acquired by a Bermuda-based company for $628.1 million. Athene [...]
American Equity and Athene Life Re
WEST DES MOINES, Iowa, Feb 24, 2010 (BUSINESS WIRE) — American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today reported 2009 fourth quarter operating income1 of $28.7 million, or $0.48 per diluted common share, an 86% increase over adjusted2 fourth quarter 2008 operating income of $15.4 [...]
A.M. Best Downgrades Ratings of Liberty Life Insurance Company; Maintains Under Review with Negative Implications – MarketWatch
A.M. Best Downgrades Ratings of Liberty Life Insurance Company; Maintains Under Review with Negative Implications OLDWICK, N.J., Oct 25, 2010 (BUSINESS WIRE) — A.M. Best Co. has downgraded the financial strength rating to A- (Excellent) from A (Excellent) and issuer credit rating to “a-” from “a” of Liberty Life Insurance Company (Liberty Life) (Greenville, S.C.). [...]
FT.com / Companies / Financial Services – Old Mutual sheds US life unit
This is old new, but indicative of the challenges facing the U.S. fixed index annuity business with the compression of spreads. By Philip Stafford Published: August 6 2010 09:26 | Last updated: August 6 2010 22:40 Old Mutual has sold its US life business to hedge fund Harbinger Capital for $350m (£219m) in a deal [...]
Athene Life Re Ltd. – Reinsurance for Life and Annuity Insurance Companies
Athene Life Re Ltd. (“Athene”) is a Bermuda based subsidiary of Athene Holding Ltd., focused on the growing retirement services market. Athene’s core business is fixed annuity reinsurance and its primary customers are life and annuity insurance companies. Specific liabilities reinsured include equity-indexed, multi-year guarantee and traditional one-year guarantee fixed deferred annuities, immediate annuities and [...]