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Tag Archives: prudential

Japan’s Daiwa Securities hires three in Asia push

to manage the unit’s execution business are Michael Perry and Jeff Walker, who will take charge of insurance. Perry comes from boutique investment bank Stern, Agee & Leach, while Walker joins from the Hong Kong unit of Prudential Assurance. With business

Legal Briefing: Prudential Pockets Interest on Dead…

A daily look at legal news and the business of law: Prudential Profits from Dead Soldiers’ Life Insurance When a soldier dies, Prudential’s ( PRU ) life insurance policies promise to give the family either a lump-sum payment or 36 equal monthly

Deals wrap: Whos interested in AIA?

AIG has started talks with potential investors to sell stakes in its Asian life insurance business AIA ahead of AIAs planned IPO, sources say. *View article* In a related matter, Prudential says its failed bid for AIA, which collapsed in May, will cost

Prudential cuts the cost of AIA bid

Insurance group Prudential has announced that the cost of failing to buy Asian business AIA was less than it first estimated

Congressional Panel Investigates Veterans Insurance

Representative Edolphus Towns, chairman of the House Oversight and Government Reform Committee, said his panel will investigate the insurance benefits for U.S. soldiers provided by Prudential Financial Inc. and the Department of Veterans Affairs.

Rising Profits Push Prudential Toward Resistance

Insurance and financial services giant Prudential Financial, Inc. on Thursday posted a better-than-expected 48% jump in second quarter profit, led both higher sales and assets under management.The Newark, NJ-based company

IRDA’s single stock exposure rule leaves index funds in…

Uncertainty hangs over index funds launched by life insurance companies, with the regulator refusing to relax prudential norms for these funds. One life company has decided to close down its life fund, two others have abandoned their plans to

Insurance tactics take advantage of survivors

by a bomb in Afghanistan. It was a thick, 9-by-12-inch envelope from Prudential Financial Inc., which handles life insurance for the Department of Veterans Affairs. Inside was a letter from Prudential about Ryan’s $400,000 policy. And there was something

ICICI Prudential CEO and MD Vaidyanathan resigns

V Vaidyanathan, managing director and chief executive at ICICI Prudential Life Insurance, has quit, possibly heading to the fledgling financial services company Future Capital Holdings, people familiar with his move told ET Now. This will be the fourth

Keller Rohrback L.L.P. Investigates Life Insurance…

Attorney Advertising. Keller Rohrback L.L.P. (www.erisafraud.com) announces that it is investigating several national life insurance companies, including MetLife, Inc. (NYSE: MET) and Prudential Financial, Inc. (NYSE: PRU), as well as Genworth Financial